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

Brent tops $73 as renewed U.S.-Iran strikes keep Hormuz on edge, leaving oil markets vulnerable to sharp summer price swings.

Supply worries have further been eased as traffic volume in Strait of Hormuz continues to increase

Brent crude sank as low as $70.14 - its lowest since late February before war broke out in the Middle East and pushed the price as high as $126.

Brent crude drops below $71 amid US-Iran peace talks progress. New all-time high by September at 4.9% YES.

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