Via Bloomberg overnight comes analysis from Citi on oil:
- price should find support in the year-end
- tentatively forecast Brent crude at $80/bbl (3-month horizon)
- 2024 should bring some weakness as balances loosen somewhat
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Oil price forecast: Brent crude expected to reach $80/bbl on a 3 month time horizon
- 2024 may bring a touch more weakness as market balances loosen.
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