Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
1 July | Oil

Morgan Stanley forecasts Brent crude at $60 per barrel by 2026

Brent
WTI Light Crude Oil
Morgan Stanley forecasts Brent crude at $60 per barrel by 2026

Analysts at Morgan Stanley project that Brent oil prices will reach $60 per barrel by early next year. This price move is anticipated as the fuel market stabilizes and geopolitical risks subside, especially after the de-escalation of Iran-Israel tensions. 

The report also highlights a steady rise in energy supplies from non-OPEC+ countries, which could lead to an overproduction of at least 1 million barrels per day. According to the bank estimates, this surplus should be sufficient to meet global demand growth.

Despite OPEC+’s recent production cuts, market projections indicate a potential oversupply of 1.3 million barrels per day in 2026. 

Although Morgan Stanley has recently raised its oil price forecasts due to escalating tensions in the Middle East, increased OPEC+ output continues to pressure fuel prices.

Elena Berseneva MarketCheese

Recommended

United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has decreased from 549 to 547
10 October
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has decreased from 422 to 418
10 October
United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from -0.271M to -0.763M
8 October
United States. Crude Oil Inventories. The value of the indicator has increased from 1.792M to 3.715M
8 October
United States. API Weekly Crude Oil Stock. The value of the indicator has increased from -3.674M to 2.78M
7 October
Top news
European Union. Trade Balance. The value of the indicator has decreased from 12.7B to 1B
Today at 9:00 AM
European Union. Retail Sales (MoM). The value of the indicator has increased from -0.4% to 0.1%
6 October
European Union. Unemployment Rate. The value of the indicator has increased from 6.2% to 6.3%
2 October
United States. ISM Manufacturing PMI. The value of the indicator has increased from 48.7 to 49.1
1 October
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.1%
1 October
All news

Forecasts

NVIDIA Corporation buy
Period: 30.11.2025 Expectation: 2500 pips
Buying NVIDIA shares upon return to $170 support
FA Other Chart analysis
Today at 10:53 AM 7
McCarthy_Raymond
ETHUSD buy
Period: 23.10.2025 Expectation: 28500 pips
Opening long positions on ETHUSD as buying interest recovers
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Today at 10:35 AM 9
Lyra_Moonwell1
GBPUSD buy
Period: 20.10.2025 Expectation: 1500 pips
Buying GBPUSD on weaker US dollar and potentially positive UK data
FA Other Chart analysis
Today at 09:13 AM 8
Bruce_Powers
Natural gas buy
Period: 31.10.2025 Expectation: 300 pips
Natural gas set to climb again
FA Other Indicators Chart analysis
Today at 08:51 AM 11
John_Bullard
USDJPY sell
Period: 23.10.2025 Expectation: 2000 pips
Selling USDJPY on temporary rebound amid persistently weaker dollar
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Today at 07:52 AM 10
Emily_Foster
USDJPY buy
Period: 31.12.2025 Expectation: 2000 pips
Buying USDJPY from 150.000
Chart analysis
Yesterday at 11:20 AM 38
Bruce_Powers
Go to forecasts