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Morgan Stanley Hikes Brent Crude Target to $100 as Global Oil Deficit Deepens

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Morgan Stanley raised its Q4 Brent forecast to $100 per barrel due to tightening global inventories, Middle East supply disruptions, and falling U.S.
  • SPR reserves, projecting structural market deficits through early 2027.
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Stored market data

BRENT price history

108.32 +66.85% over the displayed period

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