Oil could plummet to the $60s if a recession hits, Citi speculates

Tras 565 eventos bajista de macro pasados, Petróleo crudo (WTI) se movió una mediana de -1,4 % en 5 sesiones (41% al alza; mitad central entre -5,9 % y +3,0 %), y -0,5 % en 20.

• 24 dic 2018Plunging oil prices show the market is worried about 2019 recession-0,5 %
• 6 jul 2022Oil’s Current Plunge: Goodbye Inflation Trade, Hello Recession-3,8 %
• 1 jul 2022Oil prices fall due to recession worries-0,9 %
• 4 abr 2025Oil falls to near 4-year low amid recession fears, OPEC+ production hikes-10,2 %
• 5 dic 2022Recession fears spur wheat cuts – The Seam-11,1 %

Tras 312 eventos bajista de macro pasados, Petróleo crudo (Brent) se movió una mediana de -1,7 % en 5 sesiones (38% al alza; mitad central entre -5,4 % y +2,3 %), y -1,7 % en 20.

• 24 dic 2018Plunging oil prices show the market is worried about 2019 recession-1,3 %
• 6 jul 2022Oil’s Current Plunge: Goodbye Inflation Trade, Hello Recession-3,2 %
• 1 jul 2022Oil prices fall due to recession worries-7,1 %
• 4 abr 2025Oil falls to near 4-year low amid recession fears, OPEC+ production hikes-9,8 %
• 4 ago 2022Oil prices hit lowest since Ukraine invasion amid recession fears | Reuters+1,9 %