[Citigroup: Maintains $120 Oil Price Forecast for the Next 3 Months] Golden Finance reported on May 9 that Citigroup stated it maintains its forecast of $120 oil prices for the next 3 months. The current base scenario predicts Brent crude oil prices to average $110 in the second quarter of 2026, then drop to $95 in the third quarter and $80 in the fourth quarter.