Morgan Stanley: Oil prices to hit $85 by year-end
Still, some investors say a recent dip in crude futures represents a buying opportunity because U.S. sanctions against Iran and other supply disruptions could reignite fears of a supply crunch.
“Oil markets are likely to tighten in coming months (but) despite contradictory signals, our call for $85 a barrel by year-end remains in place,” analysts at Morgan Stanley said.
True?
Or the ramblings of some delusional analyst???
Morgan Stanley: Oil prices to hit $85 by year-end
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