Citigroup has lowered its oil price forecast to its previous bearish scenario, with updated quarterly oil price forecasts of $75 and $70 per barrel for the third and fourth quarters of 2026, respectively.

2026-06-16

Citigroup has lowered its oil price forecast to its previous bearish scenario, with updated quarterly oil price forecasts of $75 and $70 per barrel for the third and fourth quarters of 2026, respectively.