Oil price forecast: Brent crude expected to reach $80/bbl on a 3 month time horizon

<p>Via Bloomberg overnight comes analysis from Citi on oil:</p><ul><li>price should find support in the year-end</li><li>tentatively forecast Brent crude at $80/bbl (3-month horizon)</li><li>2024 should bring some weakness as balances loosen somewhat</li></ul><p><br></p><figure data-media-><img src="https://images.forexlive.com/images/Barrel%20of%20oil%20leaking_id_a4353218-21e9-4524-ae6b-f997cf38f98a_original.jpg" alt="Barrel of oil leaking" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/Barrel%20of%20oil%20leaking_id_a4353218-21e9-4524-ae6b-f997cf38f98a_original.jpg" /></figure><p><br></p><p><br></p>

This article was written by Eamonn Sheridan at www.forexlive.com.