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OIL: HSBC Calls for a Small Oil Surplus in 2025

OIL

“HSBC GLOBAL RESEARCH: "OIL MARKET SHOULD BE IN A SMALL (0.2MBD) SURPLUS IN 2025, VS OUR PREVIOUS FORECAST OF A BALANCED MARKET"

- HSBC GLOBAL RESEARCH: IN 2026, EXPECT OIL MARKET SURPLUS TO GROW TO OVER 1MBD IF OPEC+ CONTINUES TO INCREASE PRODUCTION AS PLANNED

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“HSBC GLOBAL RESEARCH: "OIL MARKET SHOULD BE IN A SMALL (0.2MBD) SURPLUS IN 2025, VS OUR PREVIOUS FORECAST OF A BALANCED MARKET"

- HSBC GLOBAL RESEARCH: IN 2026, EXPECT OIL MARKET SURPLUS TO GROW TO OVER 1MBD IF OPEC+ CONTINUES TO INCREASE PRODUCTION AS PLANNED

Keep reading...Show less