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Thu Β· 22 Oct 2026

Citi Warns Oil Price Risks Remain Skewed to Upside Despite Gulf Export Recovery

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Citi Warns Oil Price Risks Remain Skewed to Upside Despite Gulf Export Recovery

πŸ“‰ MARKETS β€” Citi flags upside oil risk even as Gulf exports partially recover. πŸ“Œ LOOK CLOSER: A partial recovery normally triggers analyst price downgrades β€” Citi's opposite call means the bank views any reopening as fragile or already priced in. With IRGC attacks continuing and November 5 approaching, institutional money is being told: don't sell the rally. European hedges and rate decisions absorb this signal first.

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