ICYMI - Morgan Stanley have cut its oil price forecast again, see Brent @ $75 / bbl in Q4 ...Middle East

Two weeks ago Morgan Stanley lowered their Brent crude oil forecast to $80 / barrel. Now they've cut it even further:now expecting an average $75 a barrel in Q4 of 2024Citing demand headwinds:"considerable demand weakness”signals are of “recession-like inventory builds” On supply:oil market to remain tight through Q3potential move into surplus by 2025Brent update, a more or less sideways beginning to the week: This article was written by Eamonn Sheridan at www.forexlive.com.

Hence then, the article about icymi morgan stanley have cut its oil price forecast again see brent 75 bbl in q4 was published today ( Monday 09/09/2024 - 11:37 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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