Citi warns oil may collapse to US$65 by the year-end on recession - BNN

Crude oil could collapse to US$65 a barrel by the end of this year and slump to US$45 by end-2023 if a demand-crippling recession hits, Citigroup has warned.

Crude oil could collapse to US$65 a barrel by the end of this year and slump to US$45 by end-2023 if a demand-crippling recession hits, Citigroup Inc. has warned. That outlook is based on an absence… [+768 chars]

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