Citibank: Brent crude oil prices are expected to fall back to around $70 per barrel as tensions between the US and Iran ease, but there will still be a certain risk premium before that, and prices are expected to fall back to $62 per barrel by the se

2026-03-02

Citibank: Brent crude oil prices are expected to fall back to around $70 per barrel as tensions between the US and Iran ease, but there will still be a certain risk premium before that, and prices are expected to fall back to $62 per barrel by the second quarter of 2026.