2min chapter

HSBC Global Viewpoint: Banking and Markets cover image

The Macro Brief – Oil’s surge

HSBC Global Viewpoint: Banking and Markets

CHAPTER

Tight Oil Market, Rising Prices, and Potential Impact on Growth and Demand

Analyzing the current tightness of the oil market, the chapter predicts a deficit in the coming quarters and discusses the potential negative effects on economic growth and oil demand, including the possibility of Saudi cuts leading to inflation and central banks raising interest rates.

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