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OPEC+ postponed the start of increasing oil production, tightening the market supply and potentially leading to higher prices. Morgan Stanley revised its Brent crude price forecast to $70 per barrel ...

The oil market is in "a race against time," as the factors that have held down price increases from the Middle East war likely will come under strain if the Strait of Hormuz stays closed into June, ...

Morgan Stanley lowered its Brent crude price forecast for the rest of the year and next, citing a faster-than-expected reopening of the Strait of Hormuz, and said market focus has shifted back to ​a ...

Morgan Stanley cut its Brent oil forecast to $90 in Q3 and $80 in Q4. Here's what the bank says about energy stock valuations, WTI prices, the Hormuz recovery ...

Brent crude oil remained under pressure this week as traffic through the Strait of Hormuz ramped up and as top Wall Street banks like Goldman Sachs, Citigroup, and Morgan Stanley lowered their ...

Morgan Stanley joined other major investment banks in slashing oil price forecasts amid expectations of a larger market surplus later this year as OPEC+ plans to raise output much more than previously ...

March 18 (Reuters) - Morgan Stanley raised its Brent oil price forecasts by $10 per barrel to $90 for the third-quarter of 2024, citing tighter supply and demand balances on OPEC+ commitment and ...

The growing stress in the oil market triggered by the Middle East war is showing up in huge premiums for prompt real-world barrels, with the wider Brent complex working as it should, according to ...