16 March 2026 Asia-Pacific Oil & Gas Bernstein Energy: How high can oil price go? Neil Beveridge, Ph.D. +852 2123 2648 neil.beveridge@bernsteinsg.com Brian Ho, CFA +852 2123 2615 brian.ho@bernsteinsg.com Hengliang Zhang +852 2123 2629 hengliang.zhang@bernsteinsg.com Oil prices have increased from US$60/bbl at the start of 2026 to over US$100/ bbl but could potentially go much higher. How high oil price goes is dependent on the duration to which the Strait of Hormuz (SoH) is shut down. In this report, we mod ...

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