Business Insider | Morgan Stanley's worst case scenario for oil 'turned out to be too optimistic' Business Insider The "oil price downturn is now deeper and longer than any of the previous downturns since 1970," according to Morgan Stanley. Martijn Rats and his team at the investment bank say oil is now in "uncharted territory", in a note sent to clients on Monday. Oil could fall toward $20, but not for the reason you think How the PBOC could send oil below $25 Morgan Stanley says oil likely to slide to $20s on yuan fall |