Xin Lang Cai Jing·2025-10-29 00:10Core Viewpoint - Huatai Securities maintains its Brent crude oil price forecast for 2025-2026 at $68 and $62 per barrel, considering the steady advancement of global renewable energy alternatives and the gradual lifting of OPEC's voluntary production cuts [1] Group 1: Price Forecast - The predicted average Brent crude oil prices for Q4 2025 and Q2 2026 are $63, $61, and $60 per barrel respectively [1] - The long-term outlook suggests that the demand for oil from producing countries will prioritize revenue over volume, indicating a potential for price stabilization [1] Group 2: Market Dynamics - OPEC+ is expected to balance the market after temporarily sacrificing prices to gain market share, which may lead to a new round of collaborative agreements [1] - The influence of North American shale oil costs and the significant increase in supply from South America are highlighted as factors that could support the Brent oil price at $60 per barrel in the long term [1] Group 3: Investment Opportunities - High-dividend energy oligopolies with the ability to increase production and reduce costs, along with growth in natural gas operations, are identified as potential investment opportunities [1]