Morgan Stanley: (Regarding the oil market) We expect the oil market to return to a supply surplus in 2027, with inventories expected to increase by 2.4 million barrels per day.

2026-06-16

Morgan Stanley: (Regarding the oil market) We expect the oil market to return to a supply surplus in 2027, with inventories expected to increase by 2.4 million barrels per day.

Other News
2026-06-16

FOREX.com analyst Fawad Razaqzada says large speculative yen short positions raise the risk of a technical rebound as traders take profits, citing the latest CFTC positioning report showing speculative shorts at fresh extremes. He adds the prospect o

2026-06-15

Capital Economics analyst Jason Tuvey says that despite a US‑Iran peace agreement, Gulf output faces its deepest contraction since the early 1980s. He forecasts Gulf GDP will fall about 5–6% in 2026, with Kuwait, Qatar and Bahrain the worst affected.