Morgan Stanley cuts oil price forecast

Morgan Stanley has cut oil price forecast for the second half of 2019.

Report informs citing foreign media that according to the forecast, Brent crude price will be $65 a barrel, while WTI crude price  will be $60.

According to the previous forecast, the prices were $67.5 and $65 a barrel respectively. 

Other News

Price of Azerbaijani oil exceeds $107 07 November, 2026 / 10:08
Azeri Light crude nears $107 per barrel 06 November, 2026 / 10:07
Brent exceeds $100 06 November, 2026 / 09:31
Azeri Light oil price falls to $106 05 November, 2026 / 09:52