Citigroup Inc.

2 articles

Citi Cuts Brent Forecasts as U.S.-Iran MoU Points to Strait of Hormuz Flow Normalization

Citi reduced Brent crude forecasts to $75–$65 per barrel for 2026–2027, anticipating normalized Strait of Hormuz flows following a U.S.-Iran agreement. The bank also raised short-term gold and silver

reuters · 2026-06-15 11:54

Citi says oil could rise further if US-Iran talks remain thorny

Citi warns oil prices could rise further if U.S.-Iran talks stall, maintaining a near-term Brent forecast of $120 per barrel despite reduced Chinese imports. The bank expects prices to average $110 in

reuters · 2026-05-08 14:27