EnergyAfter close
Morgan Stanley raises Brent forecast to $60 for H1 2026
after close1 source ↓written by the desknot a recommendation
- H1 2026
- $60 per barrel
- $57.5
Morgan Stanley has increased its Brent crude forecast for H1 2026 to $60 per barrel from $57.5. This adjustment follows OPEC+’s decision to pause quota hikes and recent sanctions on Russian oil assets. The bank anticipates a substantial surplus in the oil market next year, peaking in Q2 2026.
This forecast shift may influence trading strategies as OPEC+ maintains cautious output levels amid concerns of a supply glut.
Not investment advice. For informational purposes only.