# Citi’s $60 Oil Call Meets $112 Brent

- Source: OilPrice.com
- Published: 2026-10-22T17:30:00+00:00
- Category: Markets
- Original: https://oilprice.com/Latest-Energy-News/World-News/Citis-60-Oil-Call-Meets-112-Brent.html
- Canonical: https://groundlevelnews.com/story/citi-s-60-oil-call-meets-112-brent-3ce572/

Citi sees more upside risk for oil prices despite recovering Middle Eastern crude exports, a considerably less bearish assessment from the bank that predicted $60-to-$65 Brent by year-end just three months ago. Brent December futures traded at $111.70 on Thursday, up $2.88, or 2.65%, after touching $112.68 earlier in the session. The problem, Citi says, is that getting crude out of the Gulf and ge

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