US EditionHSBC Forecasts Surplus Oil in 2025, 2026 on Strong Supply, Sluggish Demand Growth - Energy News, Top Headlines, Commentaries, Features & Events
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HSBC Forecasts Surplus Oil in 2025, 2026 on Strong Supply, Sluggish Demand Growth - Energy News, Top Headlines, Commentaries, Features & Events
March 18 (Reuters) – HSBC expects the oil market to be in a surplus in 2025 and 2026 due to strong supply and sluggish demand growth, the bank said in a note on Tuesday. The bank said that it expects a surplus of 200,000 barrels per day this year, revising its a previous forecast of ...
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