(Bloomberg) -- Forget the trade war and global growth pessimism. Citigroup Inc. is sticking to its target of Brent oil rising to $78 a barrel in three months.Supply risks, rising demand over the northern summer, light fund positioning and a tight physical market are some of the reasons cited by the bank for its optimism in a note by analysts including Ed Morse, global head of commodities research. Citi’s forecast implies a 28% increase from current levels.
(Bloomberg) -- Forget the trade war and global growth pessimism....
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$1.51 |
Change
-0.005(0.33%) |
Mkt cap ! $3.444B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.52 | $1.50 | $9.759M | 6.470M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 102542 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 80024 | 6 |
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| BPT (ASX) Chart |