Oct 6 (Reuters) - HSBC:
SAYS ITS 4Q25 / 2026 BRENT CRUDE ASSUMPTION REMAINS AT $65 PER BARREL, WITH DOWNSIDE RISKS IF INVENTORY INCREASES MATERIALISE IN THE OECD
SAYS THEY STRONGLY DISAGREE WITH VIEWS THAT "ONLY SAUDI ARABIA HAS ANY REAL SPARE CAPACITY", AND EXPECT PRODUCTION FROM THE UAE, IRAQ AND KUWAIT TO RISE