Morgan Stanley flags risk oil price rally will lead to a fall

United States News News

Morgan Stanley flags risk oil price rally will lead to a fall
United States Latest News,United States Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

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".

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Debt repayment led to falling trend of DPU: HPHTDebt repayment led to falling trend of DPU: HPHTHUTCHISON Port Holdings Trust (HPHT) on Sunday said the declining trend of its distributions to unitholders was due to the repayment of debt, amid the 'extremely challenging' global and macroeconomic events. Read more at The Business Times.
Read more »

OPEC, allies meet to discuss output cutsOPEC, allies meet to discuss output cutsOPEC and its allies were holding talks via video conference Saturday to assess their current deal to slash production as oil prices tentatively ...
Read more »

Gulf mall operators rein in expansion as retailers reel from COVID-19Gulf mall operators rein in expansion as retailers reel from COVID-19Mall operators in the Gulf region are delaying new mega-projects as the coronavirus pandemic and low oil prices upend a retail industry built ...
Read more »

OPEC and allies to agree one-month extension to output cutsOPEC and allies to agree one-month extension to output cutsOPEC and its allies led by Russia are 'most likely' to agree on a one-month extension to an oil production cuts deal on Saturday, an OPEC delegate ...
Read more »

Brescia to terminate Balotelli's contract for missing training - reportsBrescia to terminate Balotelli's contract for missing training - reportsBrescia are set to terminate Mario Balotelli's contract after the Italy striker failed to return to training ahead of Serie A's restart this ...
Read more »



Render Time: 2025-03-06 16:53:59