Citi slashes oil price outlook for 2021 amid COVID-19 concernsNews
(Reuters) – Citi Research cut its oil price forecast for 2021 on Monday after a larger-than-expected increase in COVID-19 cases, but said tighter supply to OPEC and its allies would still lead to a gradual rise in prices next year. Citi has reduced its Brent and West Texas Intermediate price outlook for 2021 from $ […]
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