Analysts expect OPEC+ to maintain supply cuts through 2024, oil to trade $70-80 range

ICYMI - Analysts at Citigroup say that OPEC+ will need to maintain its latest supply cuts throughout 2024 if they want to to keep global oil markets in balance. The analysts add that the cartel can "can balance this market and keep prices at $70 to $80 if they all work together”.

Comments come from an interview with Bloomberg Television.