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Reuters

Reuters

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Business & Economics

Citi raises average 2025 oil price forecasts, citing geopolitical risks

Reuters
Summary
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78% Informative

Citi raised its oil price outlook for 2025 due to geopolitical risks centred on Russia and Iran .

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

It also said it was lifting its average WTI crude forecast to $ 63 /bbl, without giving its former view.

VR Score

88

Informative language

94

Neutral language

61

Article tone

formal

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English

Language complexity

51

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not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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