Citi Reduces Short-Term Brent Price Forecast to $60/Barrel Amid Tariff Pressures

Reported about 16 hours ago

Citi Research has lowered its 0-3 month Brent price forecast to $60 per barrel, alongside reductions for copper and aluminium due to the impact of recent tariff announcements. U.S. tariffs imposed by President Trump and retaliatory measures from China are contributing to declining oil and base metal prices amid escalating trade tensions and recession fears.

Source: YAHOO

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