Oil Risks Drop To $50 on Russia-Ukraine De-escalation, Citi Says
PositiveFinancial Markets

According to Citigroup's Senior Commodities Strategist Eric Lee, the ongoing de-escalation of the conflict between Russia and Ukraine could lead to a significant drop in oil prices, potentially reaching as low as $50 a barrel. This development is important as it may ease inflationary pressures and provide relief to consumers and businesses alike, highlighting the interconnectedness of geopolitical events and global markets.
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