Citi Forecasts Brent Oil Prices to Drop to USD 60 per Barrel Within the Next 6-12 Months
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 11 2025
0mins
Source: aastocks
Current Oil Price Dynamics: Oil prices are facing pressure from bearish fundamentals and rising geopolitical risks, according to Citi's research report.
OPEC+ Production Cuts Impact: With OPEC+ phasing out voluntary production cuts and anticipated restrictions on Russian oil supply, Citi forecasts a decline in Brent oil future prices, predicting a drop to USD65 per barrel in the next three months and USD60 per barrel in 6-12 months.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
