Trump's Oil Pressure Forecast
This is a U.S. news story, published by Yahoo Finance, that relates primarily to Donald Trump's news.
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global oil demand growthReuters
•Trump's victory may pressure oil prices through 2025, Citi says
78% Informative
Citi forecasted on Wednesday that U.S. President-elect Donald Trump's second term could exert downward pressure on oil through 2025 , with Brent crude forecasted to average at $ 60 per barrel.
Bank notes that Trump 's influence on OPEC+ might prompt the producer group to taper production cuts faster.
Trump 's policies could have mixed global growth implications, particularly negative for Europe and China .
VR Score
88
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94
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