Citi: OPEC+ Production Hike Could Drag Oil Prices Below $50
1 day ago / Read about 0 minute
Author:小编   

Citi analysts forecast that a further production increase by OPEC+ could push Brent crude oil prices down to $50 or below. Conversely, if production remains unchanged, oil prices are expected to rebound. The current short-term outlook for oil prices stands at $60, with the potential to swiftly drop into the $50 range.