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Brent crude oil price drops below $75/bbl by Q4 2026

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Brent crude oil price drops below $75/bbl by Q4 2026

Market overview

The easing of maritime tensions in the Strait of Hormuz, combined with potential production adjustments from OPEC+, reduces supply-side risks. Lower geopolitical premiums and stable shipping routes could push Brent crude below $75/bbl.

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Implied probability (Yes)
55%

Source: user-generated

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