Morgan Stanley ups H2 2025 Brent view to $70 after OPEC+ decision
December 6, 2024
(BOE Report) – Morgan Stanley bumped up its Brent price view for the second half of 2025 and said it now expects a smaller oil market surplus for the year following a decision by OPEC+ oil producers to delay and slow plans for higher output. The bank raised its Brent price forecast for the second half of 2025 to $70
