Oil price forecasts from Citi - continue to see an oil price recovery

Author: Eamonn Sheridan | Category: News

Analysts at Citi continue to see an oil price recovery and have increased their average forecasts for Brent and WTI 

For Q3 2020:
  • US$39/bbl and $37/bbl respectively 
For Q4 2020:
  • US$48/bbl and US$45/bbl respectively 

Brent and WTI average forecasts for 2020 are at US$42/bbl and US$38/bbl respectively.

Citi oil price forecasts Brent WTI 
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