Morgan Stanley has revised its oil price outlook downward for the second time in roughly two weeks, citing a faster-than-expected recovery in energy shipments through the Strait of Hormuz, alongside strong US production and weaker demand from China. The bank’s latest assessment, reported by Bloomberg, points to growing pressure in global markets and an increasing risk of oversupply. Analysts at Morgan Stanley now expect Brent crude to average around USD75 per barrel in both the third and fourth