Brent crude has sunk by 30 per cent in the second quarter of 2026 - unwinding all of the gains seen during the Iran war. Read more at straitstimes.com. Read more at straitstimes.com.

Oil prices have reduced as more tankers return to the Strait of Hormuz after the US-Iran peace talks which eased the supply concerns.

Oil prices suffered their steepest quarterly decline since 2020, but analysts warn that fragile diplomacy and subdued tanker traffic through the Strait of Hormuz suggest…

Citi forecasts oil prices to drop to $60 as Hormuz tensions ease. New all-time high for crude oil by September 30 at 4.1% YES.

Brent crude has sunk by 30 per cent in the second quarter of 2026 - unwinding all of the gains seen during the Iran war. Read more at straitstimes.com. Read more at…

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Citi expects Brent crude to fall to $60 a barrel by year-end as shipping through the Strait of Hormuz normalises and supply concerns ease. The brokerage sees improving oil flows,…

Citi predicts Brent oil may fall to $60 as Strait of Hormuz disruptions ease and global energy markets stabilize.

Citi sees Brent crude falling to $60 by year-end, saying U.S.-Iran 'conflict fatigue' will keep the truce intact.

Citigroup forecasts Brent crude falling to $60-$65 a barrel by year-end as Hormuz shipping normalizes and a U.S.-Iran deal nears.

Analysts recommend using any potential summer rally in prices as an opportunity to sell