Morgan Stanley cuts Brent crude price view as market signals demand softness

Capt. John

Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global oil market is facing a period of demand weakness similar to those seen during recessions. Brent crude futures LCOc1 settled at their lowest levels since December 2021 on Friday at $71.06. Brent was...

https://www.hellenicshippingnews.com/morgan-stanley-cuts-brent-crude-price-view-as-market-signals-demand-softness/

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