An "unstable equilibrium" in oil market to continue

AMERICAN investment bank and financial firm Morgan Stanley said late last week it sees a continuation of oil’s “unstable equilibrium” and expects short-term market fundamentals to remain soft.

An "unstable equilibrium" in oil market to continue An "unstable equilibrium" in oil market to continue An "unstable equilibrium" in oil market to continue An "unstable equilibrium" in oil market to continue An "unstable equilibrium" in oil market to continue

 

Morgan Stanley Research said it believed improvement still lay ahead for 2021 after benchmark oil prices collapsed under the global flood of oil output from Saudi Arabia and Russia in