Oil prices have quickly climbed to levels that raise the risk of price falls as demand is fragile, Morgan Stanley said on Monday, as benchmark ...
REUTERS: Oil prices have quickly climbed to levels that raise the risk of price falls as demand is fragile, Morgan Stanley said on Monday , as benchmark crude hit its highest in three months.
But it said in a note the rally"appears mostly supply- rather than demand-driven, and it is questionable how strong refinery runs can increase against this backdrop".
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