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Citi says oil prices could crash below $60 a barrel in 2025

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Citi analysts predict a drop in oil prices, with a forecast of $60 per barrel in 2025. This represents a potential decline of over 20% compared to current market expectations. “Our 0-3 mth forecast for Brent is $82/bbl before prices head lower during 4Q and into 2025 when we expect them to settle at $60/bb,” ...

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