Oil: Gradual easing base case – OCBC
Par FXStreet Insights Team
Mis à jour: 3 Jun 2026
ARTICLES POPULAIRES
OCBC’s FX Strategists Sim Moh Siong and Christopher Wong reiterate their Fragile Oil Balance view, stating that Brent has fallen below USD100/bbl on ceasefire optimism but remains supported by elevated geopolitical risks and Hormuz vulnerability.
OCBC’s FX Strategists Sim Moh Siong and Christopher Wong reiterate their Fragile Oil Balance view, stating that Brent has fallen below USD100/bbl on ceasefire optimism but remains supported by elevated geopolitical risks and Hormuz vulnerability. Prices are capped by weaker Chinese demand and strong US exports, yet the bank’s base case still sees Oil easing into 2H26, with stickiness from structural risk premia and stockpiling.
Brent capped but downside limited
"Ceasefire optimism has pushed Brent below USD100/bbl, but geopolitical risks remain elevated and price downside is limited by ongoing supply uncertainty and Hormuz vulnerability."
"Prices are capped by weaker Chinese buying, strong US exports and inventory drawdowns, though this buffer is temporary and could fade within months."
"Our base case remains for prices to ease into 2H26, but stickiness persists due to structural risk premium, stockpiling and Iran’s capacity to disrupt flows."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Plus d’un million d’utilisateurs se tournent vers FXStreet pour des données de marché en temps réel, des outils de graphiques, des analyses d’experts et des actualités Forex. Leur calendrier économique complet et leurs webinaires éducatifs aident les traders à rester informés et à prendre des décisions éclairées. FXStreet s’appuie sur une équipe d’environ 60 professionnels répartis entre le siège de Barcelone et diverses régions du monde.
Lire la suite
