🚨 Morgan Stanley Turns Bearish on Oil
🛢️ Morgan Stanley has cut its Brent crude forecast to $75/barrel, citing a growing global supply surplus as Middle East oil flows normalize.
📊 Key Highlights:
✅ Q3 2026 Brent forecast: $75 (cut by $15)
✅ Q4 2026 Brent forecast: $75
✅ End-2027 target: $70/barrel
📉 Why the downgrade?
🔹 Strait of Hormuz reopening boosts supply
🔹 Strong U.S. oil production
🔹 Weak Chinese crude demand
🔹 Rising expectations of an oil market surplus
🏦 Goldman Sachs has also lowered its Brent outlook, reinforcing the view that geopolitical risk premiums are fading as supply recovers.
Will oil stabilize near $75—or is another leg lower coming?
$RIVER | $SPCX | $VELVET
#SamsungSKHynixSharesRiseYTD #DowHitsRecordClose #GoldHoldsDecline #StreamerClub #Write2Earn
🛢️ Morgan Stanley has cut its Brent crude forecast to $75/barrel, citing a growing global supply surplus as Middle East oil flows normalize.
📊 Key Highlights:
✅ Q3 2026 Brent forecast: $75 (cut by $15)
✅ Q4 2026 Brent forecast: $75
✅ End-2027 target: $70/barrel
📉 Why the downgrade?
🔹 Strait of Hormuz reopening boosts supply
🔹 Strong U.S. oil production
🔹 Weak Chinese crude demand
🔹 Rising expectations of an oil market surplus
🏦 Goldman Sachs has also lowered its Brent outlook, reinforcing the view that geopolitical risk premiums are fading as supply recovers.
Will oil stabilize near $75—or is another leg lower coming?
$RIVER | $SPCX | $VELVET
#SamsungSKHynixSharesRiseYTD #DowHitsRecordClose #GoldHoldsDecline #StreamerClub #Write2Earn