In our September 2026 report (11-Sep-26, Brent @ $103.84), we had expected Brent to range within $90-115 for the next 1year. Prices were expected to remain elevated, primarily driven by the low volume of vessel transit in the Strait of Hormuz. Brent indeed traded within $109.97 and $90.70 in Sep-26, within our expected range. … Read More