Morgan Stanley Lowers Oil Price Forecasts for Q3 and Q4 of 2026

Morgan Stanley has revised its Brent crude oil price forecasts downward, citing a slower-than-expected recovery in global supply following the reopening of the Strait of Hormuz. The bank now expects $90 per barrel for Q3 and $80 for Q4, down from previous estimates.

By Hillary Remy Thu, June 18, 2026 at 5:17 AM GMT+3 7 min read · Yahoo Finance ·

Morgan Stanley Lowers Oil Price Forecasts for Q3 and Q4 of 2026

Tickers: $MS $XOM

Topics: Brent crude Morgan Stanley forecast oil WTI prices

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