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Citibank: The baseline scenario forecast for the average price of Brent crude oil in Q2 2026 has been raised to $110 per barrel
Jinse Finance reports that on April 27, Citibank: raised its forecast for the average Brent crude oil price in our baseline scenario. The forecasts for Q2/Q3/Q4 of 2026 and for 2023 are $110/$95/$80 per barrel, respectively. Capital flows may remain disrupted until the end of June, which could push the price of Brent crude oil to $150 per barrel. (Jin十)