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01 Sept 2026 · 10:09 GMT+3

Brent Oil: Geopolitics delay supply recovery – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong raise their end-2026 Brent forecast to USD 80/bbl from USD 75/bbl as Middle East supply disruptions prove more prolonged. They note falling inventories, rising transport costs and emerging diesel shortages as key constraints.

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