📰⬅️👇 Morgan Stanley: "Risk Premium" Supports Oil Temporarily Before Major Drop 🛢️📉

🔴 Short-Term Rise: The bank raised its near-term forecasts for Brent prices, suggesting that ongoing geopolitical tensions will support prices briefly before a wave of decline begins.

🔴 Coming Drop: The bank anticipates that Brent crude will fall below $60 per barrel later in 2026, driven by a widening global supply surplus.

🔴 Peak Surplus: Analysts believe that the supply surplus will peak by mid-year, which will create strong downward pressure that exceeds the impact of current political risks.

📌 📉 Impact of News: Negative for oil prices in the long term; the bank's warnings of a massive supply surplus weaken the appeal of long-term buying and push investors to neutrality.

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