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Brent to slide as low as $60 a barrel by Christmas, forecasts Citi

Financial Times Markets •
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We need to produce JSON with fields: seo_title, summary, key_entities (companies, people, locations), expert_faq (question, answer), internal_link_anchor, primary_keyword, secondary_keywords, content_type.

We need to rewrite the news as a polished 180-250 word summary, split into exactly 3-4 paragraphs, each 45-65 words. Must bold a few key details using double asterisks. Must not use banned words etc. Must follow anti-AI writing rules.

We need to extract info from source.

Key details: Citi forecasts Brent crude to fall as low as $60 a barrel by end of year (Christmas). They expect MOU between US and Iran to hold. Note recommends traders sell into oil price rallies over summer. Forecast Brent prices between $60 and $65 a barrel by end of year. In mid-June Goldman Sachs cut its year-end forecast for Brent to $80 a barrel. Shipping volumes through Strait of Hormuz increased to 7mn barrels a day of crude oil, compared with 15mn before conflict, according to Citi analysts. They say shipping volumes likely higher than official data suggests because many vessels have transponders disabled. Brent prices edged up 0.9% to about $72.50 a barrel on Friday. January contracts for Brent trading at about $73, meaning Citi expects prices to fall more than market does. Prices have largely traded below $80 since US and Iran agreed to cease hostilities. Prices peaked above $126 a barrel on April 30, highest since 2022.

We need to bold maybe Citi, $60 a barrel, $72.50, Strait of Hormuz, maybe US-Iran truce. But only 3-5 bolded terms total.

We must avoid banned words: list includes additionally, align with, crucial, delve, emphasizing, enduring, enhance, fostering, garner, highlight, interplay, intricate, intricacies, key, landscape, pivotal, showcase, tapestry, testament, underscore, valuable, vibrant, nestled, groundbreaking, renowned, breathtaking, must-visit, stunning, profound, game-changer, robust, paradigm. Also banned filler phrases: "in order to", "