Morgan Stanley Cuts Oil Forecasts as Hormuz Deal Revives Supply
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...
By Nicholas Lua · Bloomberg Markets
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.