Citi sees Q2'26 average forecast for Brent at USD 95/bbl in the base case and USD 130/bbl in the bull case
Context
Citi's forecast for Brent oil prices reflects a significant upside risk, projecting an average of USD 95 per barrel in their base case, with a bullish scenario reaching USD 130. This suggests a tightening supply outlook or strong demand expectations, which could influence inflation dynamics and impact currencies associated with commodity exports, particularly the CAD and NOK.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#UNITED STATES#USD#EUR#JAPAN#JPY#UNITED KINGDOM#GBP#EUROPE#FOREX#ENERGY#METALS#EU SESSION#US SESSION#WTI#BRENT#COMMODITIES#METALS & MINING#DXY#ENERGY & POWER