Commodities
Morgan Stanley lifts oil price forecast
By Abigail Townsend
Date: Monday 03 Nov 2025
(Sharecast News) - Morgan Stanley has lifted its oil price forecast, in response to fresh sanctions on Russian oil majors and moves by Opec+ to rein in production hikes.
In a note published on Monday, the Wall Street bank raised its 2026 interim Brent estimate to $60 per barrel from $57.50.
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