One forecast sees Brent crude going as low as US$5 a barrel
  • Citigroup said its base case is that Brent would average US$17 a barrel or lower in the second quarter, with a bear case of a US$5 average
  • Oil has been battered by the fight against Covid-19, which is expected to reverse global demand growth, and a battle for market share between Saudi and Russia
20 Mar 2020 - 11:45AM