Citigroup said the fall in oil prices to the lowest level in over two years indicates that the market is signaling to OPEC+ that it does not need to increase supply. Global benchmark Brent crude oil fell below $70 per barrel on Tuesday for the first time since December 2021, but prices rose above $70 per barrel on Wednesday.
花旗称油价暴跌表明市场没有容纳额外供应的空间 OPEC+需要减产
Citigroup said that the sharp drop in oil prices indicates that the market does not have room for additional supply. OPEC+ needs to cut production.
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