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Morgan Stanley expects Brent to climb to $90/bbl by summer 2024

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 Russia's oil production curtailments after recent drone attacks on its refineries.

Morgan Stanley expects Brent to climb to $90/bbl by summer 2024

Published on

March 18, 2024

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