
HSBC sees oil price spikes on geopolitics, maintains $65 brent forecast
(Investing) – Oil prices could see further upside in 2026 as geopolitical risks continue to drive volatility, HSBC says, though the bank adds that underlying market fundamentals should limit rallies and keep prices anchored in the mid-$60s range. As such, HSBC maintained its Brent crude forecast at $65 a barrel for 2026 and beyond, despite heightened tensions across several major producing regions. The