Morgan Stanley Raises Dated Brent Forecast by $5 a Barrel
Morgan Stanley lifted its Dated Brent price forecast by $5 a barrel, citing record-high tanker freight costs that are supporting prices despite a recovery in Gulf oil exports.
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Morgan Stanley lifted its Dated Brent price forecast by $5 a barrel, citing record-high tanker freight costs that are supporting prices despite a recovery in Gulf oil exports.
UBS raised its Brent crude price forecasts for 2026 and 2027, citing persistent Middle East supply disruptions and the fragile recovery of flows. The bank forecasts Brent at $100 per barrel in Q4 2026, up from a previous view of $80, and $91.57 as the 2026 average, compared to $83.74 previously.