Morgan Stanley Warns Hormuz Closure Could Drive Brent Oil to $150

Morgan Stanley analysts have warned that a prolonged closure of the Strait of Hormuz would create a "race against time" for the oil market. This scenario could potentially push Brent crude prices to $150 per barrel by summer.

11 May, 11:28 — 11 May, 11:28

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marketwatchMostly Factual6h ago

A ‘race against time.’ Hormuz closure could push Brent to $150 by summer, warns Morgan Stanley.

Crude is climbing to start the week as Morgan Stanley is warning that crude prices are being held at bay from much higher losses. But that could change.

By Barbara Kollmeyer

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Coverage Timeline

First report: bloomberg · 11 May, 04:59|Full coverage: 4 · 10h|Window: 10h

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bloomberg11 May, 04:59First to report

Oil Market in ‘Race Against Time’ on Hormuz, Morgan Stanley Says - Bloomberg

3h later

naftemporiki11 May, 07:46

Morgan Stanley: «Μάχη με τον χρόνο» στο πετρέλαιο λόγω Ορμούζ – Το σενάριο για μπρεντ στα 150 δολάρια ανά βαρέλι

4h later

marketwatch11 May, 11:28

A ‘race against time.’ Hormuz closure could push Brent to $150 by summer, warns Morgan Stanley.

4h later

iefimerida11 May, 15:02Latest update

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Morgan Stanley Warns Hormuz Closure Could Drive Brent Oil to $150

Sources

A ‘race against time.’ Hormuz closure could push Brent to $150 by summer, warns Morgan Stanley.

Coverage Timeline

Oil Market in ‘Race Against Time’ on Hormuz, Morgan Stanley Says - Bloomberg

Morgan Stanley: «Μάχη με τον χρόνο» στο πετρέλαιο λόγω Ορμούζ – Το σενάριο για μπρεντ στα 150 δολάρια ανά βαρέλι

A ‘race against time.’ Hormuz closure could push Brent to $150 by summer, warns Morgan Stanley.

Morgan Stanley: «Μάχη με το χρόνο» δίνει η αγορά πετρελαίου όσο μένουν κλειστά τα Στενά του Ορμούζ - Κρίσιμος ο Ιούνιος

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