HSBC Sees OPEC+ Output Hikes Weighing on Oil Prices in Late 2025

HSBC Sees OPEC+ Output Hikes Weighing on Oil Prices in Late 2025

HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer market surplus.

HSBC Flags Downside Risks to Brent Price Outlook Due to OPEC+ Supply Hikes - Energy News, Top Headlines, Commentaries, Features & Events

June 6 (Reuters) – HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank’s $65 per barrel Brent forecast from the fourth quarter of 2025, it said in a research note on Friday. The bank expects OPEC+ to implement two substantial production increases in ...