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Brent Oil - Citi says 2025 oil prices could average $60/bbl without deeper OPEC+ cuts
05-09-2024 01:52
Citi warns of oil price drop to $60 due to reduced demand & increasing supply from non-OPEC countries; market dynamics could lead to further decline to $50
Oil prices sink to nine-month low amid global economic uncertainty
Crude prices slumped following weak economic data from the US and China, which dampened demand outlooks. Risk-averse sentiment continued to dominate global markets. View on euronews
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