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HSBC expects OPEC+ oil quota increases to accelerate later in 2026

ReutersNov 4, 2025 11:11 AM

- HSBC on Tuesday said OPEC+ is focused on regaining market share, and the bank expects oil output quota increases to accelerate in the second and third quarters of 2026.

The first-quarter pause in OPEC+ output increases "signals caution about seasonally weaker demand, but no change in strategy", the bank said.

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