HSBC raises 2026 Brent price forecast to 95 dollars
HSBC raised its 2026 Brent price forecast to 95 dollars per barrel due to the closure of the Strait of Hormuz. Inventory draws are expected to support prices.
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HSBC raised its 2026 Brent Crude Oil price forecast to $95 per barrel, citing prolonged disruptions in the Strait of Hormuz. The bank increased its outlook from $80 as regional supply risks persist through mid-2026. Investors face a higher long-term price anchor as inventory drawdowns and post-war refill challenges tighten global markets.
