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اقتصاد سكاي نيوز عربية
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اقتصاد سكاي نيوز عربية

2026-07-03T11:25:03.000Z

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City Group predicts Brent to reach $60 by 2026

City Group predicts Brent to reach $60 by 2026

Citigroup bank anticipated that oil prices would drop to $60 per barrel by the end of 2026, thanks to improved navigation and the return of normal shipping activities through the Strait of Hormuz, which reduces geopolitical risks and increases supply in the markets. It also projected that tensions would continue to ease and that de-escalation agreements would solidify, supporting a gradual decline in Brent crude prices while monitoring developments in the region.

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