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Oil Headed for Largest Quarterly Price Drop Since 2020
Oil is set for the biggest quarterly decline since the pandemic and Morgan Stanley is warning of a potential glut ahead as flows through the Strait of Hormuz accelerated following progress on a peace deal between the US and Iran.
Alaric Nightengale reports on Bloomberg Television. (Source: Bloomberg)
Source: Bloomberg MarketsOriginal source
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⚠️ A model estimate of cascade risk — not a guarantee and not buy/sell. Calibration uses resolved outcomes only; monitor confirmation indicators below.
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Forecast derived from cascade analysis. Watch confirmation indicators below.
Horizon: 7–30 days
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