Citi Warns of Persistent Risks in Oil, Gas, and Refining Sectors, Questions Sector Outperformance
ByAinvest
Monday, Dec 1, 2025 8:35 am ET1min read
BP--
COP--
CVX--
XOM--
Citi analysts warn of persistent risks in the oil, gas, and refining sectors, citing a supply overhang that could lead to price declines. They predict a 30% fall in European and Asian gas prices for 2025 and warn of further downside if demand doesn't recover. Despite these risks, Citi maintains a "Buy" rating for BP and ConocoPhillips, citing underappreciated value in their Brazil and Russia streams and a discount to Chevron and Exxon Mobil.

Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet