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

Core Viewpoint - HSBC anticipates that OPEC+ will accelerate oil output quota increases in the second and third quarters of 2026 as the group aims to regain market share [1] Group 1 - OPEC+ is expected to focus on increasing oil production quotas [1] - The anticipated increase in quotas is projected for the second and third quarters of 2026 [1] - The strategy is aimed at regaining market share within the oil industry [1]