Brent will return to over $100 a barrel by the middle of 2023 – Morgan Stanley Oil Brent Banks
market. Martijn Rats, Morgan Stanley's Global Commodity Strategist, discusses some of the key uncertainties that the global oil market will likely face in 2023.“Counting barrels of supply and demand suggests that the first quarter will still be modestly oversupplied. Also, declining GDP expectations, falling PMIs and central bank tightening are still weighing heavily on the oil market today.
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