Morgan Stanley cut its Dated Brent forecast to $90 for Q3 2026 and $80 for Q4, citing faster Strait of Hormuz supply recovery and weak Chinese demand.

Crude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, easing supply worries. This comes after…

Morgan Stanley cut oil forecasts for the second time in two weeks as flows through the Strait of Hormuz return faster than expected. Read on

Morgan Stanley cut its Dated Brent forecast to $90 for Q3 2026 and $80 for Q4, citing faster Strait of Hormuz supply recovery and weak Chinese demand.

Morgan Stanley slashed its Brent oil forecast to $75 a barrel, citing a looming supply glut as Strait of Hormuz traffic recovers faster than expected.

Morgan Stanley cuts its oil price forecast as Strait of Hormuz tanker traffic rebounds faster than expected.

Goldman Sachs cuts Q4 2026 Brent crude forecast to $80 from $90 as Iran tensions ease and non-OPEC supply growth creates an oversupply outlook.