iBank Focus - Crude Oil to Remain Range-Bound

Morgan Stanley explained why it believes Brent crude prices would remain “range- bound over the next 5 years”. Although global supply growth would be helped by “the resolution of supply outages and material growth out of North America and Brazil” as well as “an improved USD outlook”, oil prices would hardly average below US $95-100/bbl in 2015.

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iBank Focus - Crude Oil to Remain Range-Bound

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