Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
Language: 
Citi: Supply Turnaround of Oil Market in 2018
Citi maintains bearish opinion on oil price in 2019.
SHANGHAI, Dec.4 (SMM)－Citi maintains bearish opinion on oil price in 2019. In 2019 the Brent crude oil price will be $49 per barrel because OPEC, USA, Canada, Brazil and Russia are bound to increase supply a lot (probably over 2 million barrels everyday), which may exceed demand increase.
The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.
Citi
oil
price forecast
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
Technical Factors to Push up Nickel Prices
The European energy issues did not worsen last week, but the overall market bullishness remained.
Jan 5, 2022 10:44
US-Russia Talks Remain as the Market Focus Concerning Zinc Prices
The electricity prices fell to recent lows due to warmer temperature in Europe last week.
Jan 4, 2022 17:40
Macro Roundup (Nov 29)
This is a roundup of global macroeconomic news last night and what is expected today.
Nov 29, 2021 09:19
Macro Roundup (Nov 24)
This is a roundup of global macroeconomic news last night and what is expected today.
Nov 24, 2021 09:10
SMM Events & Webinars
All- Apr09
NET ZERO MEA - Solar & Energy Storage
Apr 09 - 10,2025NET ZERO MEA is the premier leadership summit of solar, energy storage, and renewable energy sectors in the Mid-East.MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
- Apr09
2025 SMM (20th) Lead & Zinc Conference and Industry Expo
Apr 09 - 11,2025To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange pNanjing · Jiangsu ·China
- Apr16
CLNB 2025 New Energy Industry Chain Expo
Apr 16 - 18,2025Suzhou International Expo Center, Jiangsu, China
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
