US EditionPublished • loading... • Updated
Citi Raises Brent Crude Forecast to $150: Strait of Hormuz Risks Brew, How High Can Oil Prices Rise?
Summary by bipns.com
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.3 Articles
3 Articles
tradingkey.comReposted by 
bipns.com
bipns.comCiti Raises Brent Crude Forecast to $150: Strait of Hormuz Risks Brew, How High Can Oil Prices Rise?
TradingKey - On April 26, Eastern Time, Citigroup raised its 2026 Brent crude oil price forecast to $150. Citing the deadlock in U.S.-Iran negotiations and the resulting persistent blockade of the Strait of Hormuz, Citi believes the situation in the Middle East has shifted from a short-term risk to a structural variable that could continuously disrupt global supply.
Citi Raises Brent Forecast for 2026; Sees $150 Oil if Hormuz Disruption Persists - Energy News, Top Headlines, Commentaries, Features & Events
Citi raised its outlook for average Brent crude prices for the rest of 2026 late on Sunday, warning prices could surge to $150 a barrel if oil flows through the Strait of Hormuz remain disrupted through the end of June. The bank lifted its base-case forecast for Brent to $110, $95 and $80 a ...
Coverage Details
Total News Sources3
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
