Morgan Stanley Raises Brent Oil Forecast for Late 2025 After OPEC+ Move

• OPEC+ postponed the start of increasing oil production, tightening the market supply and potentially leading to higher prices.

• Morgan Stanley revised its Brent crude price forecast to $70 per barrel for the second half of 2025 due to the OPEC+ decision.

• The slower production increase might indicate concerns about oil demand not being strong enough to abso…