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HSBC Maintains Bearish Oil Price Forecast Despite OPEC+ Hikes

Summary by Oil Price
HSBC predicts OPEC+ will accelerate output increases in late 2026, despite a Q1 2026 pause, leading to a significant oil surplus next year unless Brent prices fall below $55.

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HSBC Maintains Bearish Oil Price Forecast Despite OPEC+ Hikes

HSBC predicts OPEC+ will accelerate output increases in late 2026, despite a Q1 2026 pause, leading to a significant oil surplus next year unless Brent prices fall below $55.

·London, United Kingdom
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Oil Price broke the news in London, United Kingdom on Tuesday, November 4, 2025.
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