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Morgan Stanley says oil likely to slide to $20s on yuan fall - Economic Times
CNBC | Morgan Stanley says oil likely to slide to $20s on yuan fall Economic Times "Oversupply drove oil to ranges that should slow investment, but it does not set the price level," Morgan Stanley analysts said, adding that the non-fundamental factors, such as the U.S. dollar will continue to set the oil prices. "Given the continued ... How the PBOC could send oil below $25 Oil could fall to $20, but not for the reason you think Oil could sink to $20 a barrel because of an unexpected foe, warns Morgan Stanley |
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