HSBC ON OIL: OUR BASE CASE ASSUMES A RETURN TO NORMAL GULF EXPORTS BY END-SEPT

July 8 (Reuters) - HSBC on Wednesday lowered its Brent crude oil price forecast for 2026 to $80 per barrel from $95/bbl, as it assumes a return to normal Gulf oil exports by the end of September.

The bank also lowered its 2027 Brent price forecast to $65/bbl from $75/bbl.

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