Morgan Stanley Expects Brent At Mid-High $50S During Much Of 2026
ReutersJan 6, 2026 10:13 AM
Jan 6 (Reuters) - MORGAN STANLEY:
EXPECTS "ANOTHER PERIOD OF OIL PRICE SOFTNESS AHEAD, WITH BRENT FALLING INTO MID-HIGH $50S DURING MUCH OF 2026"
SAYS WHILST THE OIL MARKET LOOKS TO BE IN A SIGNIFICANT SURPLUS IN 2026 AND 1H27, THEY EXPECT IT TO RETURN TO BALANCE IN 2H27
ASSUMES BRENT DIPS TO MID-50S IN 2Q26 BEFORE RECOVERING TO AROUND $60/BBL BY 4Q26
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