BRIEF-Morgan Stanley Maintains Brent Oil Price Forecast

April 13 (Reuters) - MORGAN STANLEY:

  • LEAVES ITS DATED BRENT FORECASTS UNCHANGED – $110/BBL IN Q2'26, $100/BBL IN Q3'26, BEFORE SETTLING AROUND A LEVEL OF $80/BBL IN 2027

  • ASSUMES THAT EXPORTS VIA HORMUZ REMAIN SUBDUED IN APRIL, RECOVER AROUND 70% OF THE DECLINE DURING MAY-JULY, AND ONLY RETURN TO STEADY-STATE BY OCTOBER


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