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Oil Price to Average $60 in 2025, Citigroup Says
Posted
September 11, 2024
Views
18,335
Likes
254
Comments
55
Engagement
1.69%
September 11, 2024
18,335
254
55
1.69%
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2:57Now PlayingMax Layton, Citigroup’s global head of commodities research, expects the price of oil to average $60 next year as demand growth continues to slow. "The market's become, I would say, consensus bearish because the balances look so bad for 2025, in particular for the first half," Layton said on Bloomberg Television.
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