Recent slowdown in the global growth outlook, economic divergence and associated slowdown in trade has undermined demand for commodities.Continue Reading
Volatility Ahead for Oil?
The WTI declined 27% in the past six weeks to $55.50, back to the $40-$60 range that existed for most of 2015-17.Continue Reading
Oil Price Volatility Ahead?
The petroleum complex was down 5-10% in October due to a wide variety of factors, largely seasonal, but consistent with the drop in global equities.Continue Reading
Asia Pac / EM Commodities
Impact of Higher Oil Prices on Asia
While Citi’s Brent crude price forecast remains at $79 per barrel for Q4 2018, recent price trends warrant an assessment of what the risk of sustained higher oil prices mean for Asia.Continue Reading
Oil Prices to Spike on the Back of Supply Risk?
Oil supply risk in a number of countries raise concerns about a price spike.Continue Reading
Commodities: Moderately Bullish
Citi remains moderately bullish on Commodities for the second half of 2018.Continue Reading