The bank lowered its 2027 Brent outlook from $80 a barrel, signaling a weaker view for oil prices across both halves of the year.
Morgan Stanley has lowered its 2027 forecast for Brent crude, cutting its earlier $80-a-barrel view to $75 for the first half of the year and $70 for the second half. The revised outlook points to a softer expected oil price path in 2027, with the bank now anticipating further weakness later in the year.