Citi Says Russia-Ukraine De-escalation Could Impact Oil to $50, and Oil\’s Surplus Is Here—But What\’s the Real Story?
In the volatile world of energy markets, headlines from major financial institutions like Citigroup often grab attention. Recently, Citi analysts suggested that a potential de-escalation in the Russia-Ukraine conflict could drive oil prices down toward $50 per barrel, accelerating an already emerging supply surplus. This comes amid reports of a \”billion-barrel flotilla\” signaling the long-awaited […]
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