Why hasn’t oil surged parabolically amid supply shocks? Morgan Stanley: The answer lies with these two major countries!

① Since the outbreak of the Iran war, despite high oil prices, there has been no parabolic surge so far, which would have triggered a global energy crisis; ② Morgan Stanley strategists stated that structural support from the United States and China helps stabilize oil prices, preventing them from spiking to the worst-case forecast levels.

cls.cn09:01

OPEC+ plans to continue increasing crude oil production quotas, but geopolitical conflicts hinder the implementation of production increases.

This round of production increase remains a policy on paper, with actual implementation facing practical obstacles.

Zhitong Finance10minutes ago

India's Wholesale Inflation Accelerates in April

MT Newswires18:16

WTI, Brent Crude Futures Rise Pre-Bell as China Reportedly Warns US on Taiwan While Agreeing Iran Shouldn't Control Hormuz

MT Newswires18:01

OPEC cuts this year's oil demand forecast, but supply disruptions push Brent crude near $106.

The International Energy Agency issued a warning about impending greater volatility, while OPEC lowered its demand forecast for this year, leading to a rise in oil prices.

Zhitong Finance14:56

Market Chatter: Malaysia Trims Fuel Prices in Latest Review

MT Newswires13:48