Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Politics

Citi raises 2025 oil price forecasts, citing heightened geopolitical risks

admin by admin
January 22, 2025
in Politics
0
Citi raises 2025 oil price forecasts, citing heightened geopolitical risks
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Citi has revised its oil price outlook for 2025, citing heightened geopolitical risks surrounding Russia and Iran.

The bank’s updated forecasts suggest increased volatility in the oil market, particularly during the first half of the year, while also acknowledging the potential for prices to ease later in the year.

This new analysis arrives as the market continues to grapple with the impact of US sanctions and shifting global policies.

Geopolitical tensions drive upward revision

“The oil outlook could see heightened, sustained geopolitical risks in Iran/Russia-Ukraine potentially wipe out the 2025 oil balance surplus, but the Trump administration appears intent on dealmaking,” Citi said in a recent note.

The bank now expects Brent crude to average $67 a barrel in 2025, an increase from its previous forecast of $62.

Citi also stated that it was raising its average WTI crude forecast to $63 per barrel.

These adjustments reflect a growing concern that geopolitical tensions will continue to drive prices in the coming year.

Quarterly forecasts reflect upward trend in prices

Citi has also revised its quarterly Brent forecasts, expecting prices to be at $75 per barrel in the first quarter, $68 per barrel in the second, $63 per barrel in the third, and $60 per barrel in the fourth.

The bank did not release its previous quarterly forecasts.

These projections point to a front-loaded risk premium that is expected to gradually subside as the year progresses.

Sanctions and Trump Administration Policies Add to Uncertainty

The recent sanctions imposed by the Biden administration on more than 100 tankers and two Russian oil producers, which led to a scramble by China and India for alternative fuel supplies, further underscore the instability within the oil market.

US President Donald Trump has also laid out a comprehensive plan to maximize domestic oil and gas production, including declaring a national energy emergency, rolling back environmental protections, and withdrawing the US from the Paris climate pact, all of which adds an extra layer of complexity and uncertainty to the market.

Trump’s actions key to future prices

Citi acknowledged that the timing and nature of President Trump’s actions regarding Iran and Russia could significantly influence oil market dynamics and pricing throughout 2025.

Despite these geopolitical risks and potential supply disruptions, Citi is currently forecasting a surplus of 0.8 million barrels per day for the year.

The post Citi raises 2025 oil price forecasts, citing heightened geopolitical risks appeared first on Invezz

Previous Post

Netflix blows past estimates: 18.9 million new subscribers, stock jumps 14%

Next Post

TRUMP meme coin sparks ethics firestorm as critics decry conflicts of interest

admin

admin

Next Post
TRUMP meme coin sparks ethics firestorm as critics decry conflicts of interest

TRUMP meme coin sparks ethics firestorm as critics decry conflicts of interest

Trending News

OpenAI CEO Sam Altman calls AI market a bubble

OpenAI CEO Sam Altman calls AI market a bubble

August 18, 2025
Abu Dhabi’s Mubadala overtakes Saudi Arabia’s PIF as world’s top wealth fund spender

Abu Dhabi’s Mubadala overtakes Saudi Arabia’s PIF as world’s top wealth fund spender

January 1, 2025
Boeing weighs $10 billion stock sale amid cash strain, Bloomberg reports

Boeing weighs $10 billion stock sale amid cash strain, Bloomberg reports

October 1, 2024
Subscribe to Insightful Word


    Recent News

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    August 28, 2025
    SentinelOne stock price forecast ahead of earnings: buy or sell?

    SentinelOne stock price forecast ahead of earnings: buy or sell?

    August 28, 2025
    Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    August 28, 2025
    Urban Outfitters stock slides 4% despite strong quarter on cautious outlook

    Urban Outfitters stock slides 4% despite strong quarter on cautious outlook

    August 28, 2025

    Recent News

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    August 28, 2025
    SentinelOne stock price forecast ahead of earnings: buy or sell?

    SentinelOne stock price forecast ahead of earnings: buy or sell?

    August 28, 2025

    Latest News

    • Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in
    • SentinelOne stock price forecast ahead of earnings: buy or sell?
    • Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.