(Oil Price) – Up to 75% of the previous oil flows through the Strait of Hormuz are expected to return to the market by the end of the year, but significantly lower oil prices aren’t guaranteed for 2027 as the ongoing U.S.-Iran tensions are unlikely to be resolved for good soon, Fereidun Fesharaki, chairman emeritus of FGE NexantECA, told CNBC on Monday. Before
(Oil Price) – Morgan Stanley has slashed its oil price forecasts for the next 18 month as it expects the reopening of the Strait of Hormuz to accelerate a new supply glut. The return of oil supply from the Middle East, combined with high U.S. oil exports and still weak Chinese crude purchases, will bring the market full-circle to a new
(Investing) – U.S. natural gas prices are set to continue their recent recovery into the third quarter, supported by rising LNG export flows and stronger power demand, though oversupply risks loom for 2027, according to Morgan Stanley. Henry Hub, the U.S. benchmark, had stayed below roughly $3 per million British thermal units for much of May as mild weather and softer LNG
(Investing) – Wall Street analysts are mixed on U.S. natural gas outlook as near-term price weakness is expected to be offset by strong long-term demand growth driven by liquefied natural gas (LNG) exports and rising power needs globally. Natural gas prices have declined sharply in recent months, with benchmark Henry Hub prices down about 28% year-to-date, as a mild end to
(Oil Price) – The Middle East war and the resulting production halt at the world’s second-largest LNG exporter, Qatar, are erasing the projected glut of the fuel that was expected before the region was set on fire, according to Morgan Stanley. Qatar’s state energy firm QatarEnergy last week halted LNG production at its Ras Laffan hub, the world’s largest LNG complex,
(Investing) – Natural gas prices have dropped sharply this month, a move Morgan Stanley links to milder late-February weather and a rapid recovery in supply following Winter Storm Fern. Analyst Devin McDermott wrote in a note to clients that prices “have pulled back ~29% so far in February alongside a milder shift in weather,” adding that the recent reversal in
(Investing) – The decline in U.S. natural gas prices appears excessive given the market’s underlying fundamentals, according to Morgan Stanley. Analyst Devin McDermott said prices have retreated around 35% from December highs, but “prices have pulled back too far,” even after accounting for milder weather and a brief supply pickup. Morgan Stanley now forecasts Henry Hub at $4.25 in 2026, “~22%
(Investing) – A cold start to winter and record liquefied natural gas (LNG) flows have helped drive a strong rally in prices since mid-October, said analysts at Morgan Stanley, seeing further upside ahead. At 08:55 ET (13:55 GMT), natural gas prices fell 0.5% to $4.968 per million British thermal units, or MMBtu, but are up over 17% over the course of
(BOE Report) – Morgan Stanley on Monday raised its Brent crude forecast for the first half of 2026 to $60 a barrel from $57.5, citing the decision by OPEC+ to pause quota hikes in the first quarter of next year and recent U.S. and EU sanctions on Russian oil assets. The bank expects a “substantial surplus” in the oil market
(Investing.com) – Natural gas prices could surge to $5 per million British thermal units in 2026 as demand rises and supply remains constrained, Morgan Stanley said in a new report assessing winter market scenarios. The bank forecast that U.S. gas storage levels will exit October at around 3.97 trillion cubic feet, roughly 5% above normal, but expects inventories to tighten sharply in the
(Oil Price) – Morgan Stanley is merging its Global Energy and Global Power & Utilities investment banking teams into a single worldwide unit, a move aimed at sharpening its coverage of clients across oil, gas, electricity, and renewables, Reuters reported on Wednesday. According to an internal memo seen by Reuters, the bank will operate the new Global Power and Energy group under
(Investing) – U.S. natural gas prices have fallen back of late, reflecting a lingering storage surplus and a milder shift in summer weather, but Morgan Stanley still sees more upside in 2026. At 09:05 ET (13:05 GMT), natural gas prices rose 2.4% to $3.138 per million British thermal units, or MMBtu, but are down around 9% over the course of the last month
