Oil Prices Hit $110 As Europe Prepares To Ban Russian Crude

Oil Prices Hit 0 As Europe Prepares To Ban Russian Crude

By Charles Kennedy – May 04, 2022, 1:00 PM CDT In one month, the European Commission proposes to ban all shipping, brokerage, insurance and financing servers related to the import and transport of Russian oil. 95% of the world’s taker liability coverage goes through the London-based International Group of P&I Clubs. WTI futures were up … Read more

Morgan Stanley Ups Oil Price Forecast On Supply Fears

Morgan Stanley Ups Oil Price Forecast On Supply Fears

By Irina Slav – Apr 22, 2022, 11:00 AM CDT Morgan Stanley ups oil price forecast by $10 per barrel. Morgan Stanley raises amount of lost Russian supply to 2 million bpd. Morgan Stanley adjusts its forecast for returning Iranian supply. Morgan Stanley revised its oil price forecast upwards for the second half of the … Read more