HLIB sees Brent at US$95-100 by end-2026, keeps Dialog as top pick
Hong Leong Investment Bank expects Brent crude to stay elevated in the fourth quarter of 2026, reaching US$95 to US$100 a barrel by year-end, and has raised its 2026 assumption to US$90 from US$80. The bank blames Middle East supply disruptions, including drone attacks that shut Saudi Arabia's East-West Pipeline and collapsed Strait of Hormuz traffic, and keeps an Overweight call on oil and gas with Dialog Group as its top pick at RM2.49.