According to the Sina US Stock News on the 7th, Beijing time,Morgan StanleyAnalysts such as Martijn Rats wrote in the report that the bank now believes that the outlook for geopolitical risks is heating up.
The 2020 Brent crude oil forecast was raised from 60 US dollars/barrel to 65 US dollars/barrel; it is believed that Brent crude oil may rise in the short term.
“However, since the time spread is already close to a ten-year high, futures prices can only rise in recent months if the back end of the futures curve rises”.
It is said that energy stocks are underperforming; there is a reason for a “tradable rebound”.