tradingkey.logo

HSBC Projects Oil Market Surplus Growth in Q4 2025 As Demand Declines

ReutersSep 1, 2025 9:52 AM

- HSBC:

  • SAYS AS WE EXIT SUMMER AND DEMAND DROPS, THE OIL MARKET SURPLUS SHOULD SWELL IN 4Q25 AND 1Q26

  • FORECASTS A 1.6 MBD SURPLUS IN 4Q25 AND 1.9 MBD IN 2026

  • MAINTAINS $65/B BRENT FORECAST FROM 4Q25; AND EXPECTS DOWNSIDE RISKS IF STOCKS BUILD IN OECD, OR IF OPEC+ CONTINUES TO HIKE SUPPLY

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

Tradingkey
KeyAI