Morgan Stanley cuts its oil-price forecasts for the coming quarters, citing expectations that an interim US-Iran deal will help revive supplies from the Strait of Hormuz. Both outlets report that the bank’s revisions reflect a view that the agreement could lead to the reopening of shipping through the strategic chokepoint, which in turn is expected to increase regional production and overall supply availability. As a result, the outlook for near-term prices moves downward in the bank’s projections, according to the reports. The coverage highlights that the interim deal is central to the forecast change, with the prospect of eased regional constraints on exports and transportation being the main driver behind the supply-side improvement. The accounts do not provide additional policy details beyond the expectation of a deal enabling reopening and increased supply, nor do they specify the exact magnitude of the forecast reductions in the snippets provided. Overall, both sources agree that Morgan Stanley’s forecast cut is tied directly to improved supply expectations linked to the US-Iran agreement.
Morgan Stanley Lowers Oil Price Forecasts on Expected Strait of Hormuz Supply Resumption
Morgan Stanley cuts its oil-price forecasts for the coming quarters, citing expectations that an interim US-Iran deal will help revive supplies from the Strait of Hormuz. Both outlets report that the...
- Morgan Stanley lowers its oil-price forecasts for the coming quarters.
- The forecast cut is linked to an interim US-Iran deal.
- The deal is expected to support reopening of the Strait of Hormuz.
- Both reports say the reopening would revive regional output and boost supplies.
- The revised outlook points to improved supply conditions contributing to lower expected prices.
Morgan Stanley made substantial cuts to its oil-price forecasts for the coming quarters as the interim deal between the US and Iran to reopen the Strait of Hormuz stands to revive regional output and boost supplies.
2 months agoMorgan Stanley made substantial cuts to its oil-price forecasts for the coming quarters as the interim deal between the US and Iran to reopen the Strait of Hormuz stands to revive regional output and boost supplies.
2 months ago
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