Morgan Stanley warns crude market buffers could be exhausted before the Strait of Hormuz reopens, putting Brent on a path to $150 per barrel. Most of the market buffers that have stopped oil futures prices from rallying to record highs could vanish before the reopening of the Strait of Hormuz, which puts the market in a “race against time,” according to Morgan Stanley. Reduced overall crud... [2015 chars]
2026 Copyright © News-Matic.com. All Rights Reserved
