Citi Raises Oil Outlook as Brent Hits $112
Citi now sees more upside risk for oil prices despite recovering Middle Eastern crude exports, shifting from its prediction three months ago of $60-to-$65 Brent by year-end. Brent December futures traded at $111.70, up $2.88 or 2.65%.
Original · OilPrice.com AI summary of public reporting
Why: Citi revises oil outlook higher → Brent at $112
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At publication → CurrentBRENTOIL108.10 → 108.32+0.2%