Morgan Stanley bumps its oil price forecast higher, Q2 WTI now projected at US$62.50 (from 52.50) - :: Forex, Crypto Currencies, Bitcoin, Crude, Economy, Gold & Silver, Investment, Podcast, US Markets - By Anirudh Sethi

Morgan Stanley bumps its oil price forecast higher, Q2 WTI now projected at US$62.50 (from 52.50)

23-Feb-21 05:39 am

Morgan Stanley have revised higher their forecasts for WTI oil prices:

Q2 2021 to USD 62.50/bbl from USD 52.50
Q3 to USD 67.50/bbl from USD 57.50
Q4 to USD 62.50/bbl from USD 57.50

Brent:

Q2 2021 to USD 65/bbl from USD 55
Q3 to USD 70/bbl from USD 60
Q4 to USD 65/bbl from USD 60