oil surplus Archives - Oil & Gas 360

Oil prices set for biggest annual slump since 2020 as supply glut weighs

December 31, 2025

(Investing)– Oil prices were trading modestly higher on Wednesday but still heading toward their steepest annual losses since 2020, as persistent supply surplus concerns dominated markets through the year despite recurring geopolitical risks that offered only intermittent support. As of 05:30 ET (10:30 GMT), Brent Oil Futures expiring in March traded rose 0.2% to $61.47 per barrel, while West Texas Intermediate (WTI)

Oil markets may see a potentially “big” surplus ahead, HSBC says

September 15, 2025

(Investing) – The oil market is anticipated to a see a “big surplus” from the fourth quarter onwards, driven in large part by the return of OPEC+ producer group barrels over the next 12 months, according to analysts at HSBC. In a note to clients, the strategists led by Kim Fustier forecast a surplus growing from 600,000 barrels per day in

oil surplus

Oil prices set for biggest annual slump since 2020 as supply glut weighs

Oil markets may see a potentially “big” surplus ahead, HSBC says

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