Morgan Stanley cuts oil forecast, says traders are pricing in a demand slowdown similar to mild recession

There are some troubling signals in the oil market and a recession-like scenario "is not entirely to be dismissed," according to Morgan Stanley.

Sep 10, 2024 - 03:00
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Morgan Stanley cuts oil forecast, says traders are pricing in a demand slowdown similar to mild recession
There are some troubling signals in the oil market and a recession-like scenario "is not entirely to be dismissed," according to Morgan Stanley.