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S&P 500
5,469.30
(
0.39%
)
US TECH 100
19,174.00
(
1.14%
)
Dow Jones
39,112.16
(
-0.76%
)
Brent Oil
84.65
(
0.55%
)
Bitcoin
61,569.03
(
-0.39%
)
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stocksmarter

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stocksmarter

Re: None

Monday, 02/09/2015 1:42:32 PM

Monday, February 09, 2015 1:42:32 PM

Post# of 12758
Citi reduced its annual forecast for Brent crude for the second time in 2015. Prices in the $45-$55 range are unsustainable and will trigger "disinvestment from oil" and a fourth-quarter rebound to $75 a barrel, according to the report. Prices this year will likely average $54 a barrel.
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