Morgan Stanley revised its forecast for the Brent variety for 2019
Their new target is the price to maintain average levels of around $ 68.50, with their previous vision at about $ 78.50.
Their expectations are a rise in prices, but not too high, due to the likelihood of OPEC’s success in protecting the market from over-saturation in the first half of 2019. October’s peak in 2018 will hardly be tested again soon.
Trader Martin Nikolov