Morgan Stanley cuts oil price forecast

Energy
  • 03 July, 2019
  • 11:48
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. 

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