Why do oil prices hold together despite the high stocks? Morgan Stanley reply

Why do oil prices hold together despite the high stocks? Morgan Stanley reply

According to Morgan Stanley Bank, according to Morgan Stanley Bank, global oil has seen a rapid increase in recent months, but given that most of the rise in the Asia -Pacific region is concentrated. Analysts, including Martin Rats, wrote in a research note on July 15 that the total share jumped with approximately 235 million barrels during the five months ending in June, but only 10% of this increase was recorded in the countries of the Organization for Economic Cooperation and Development (OECD), the “decisive in the formation of prices”. Analysts asked an important question: “Does the oil market really suffer from scarcity? Or is it not despite the extensive expectations of a global surplus in supplies during the next seasons, the structure of oil prices in the near term – where the immediate prices exceed the future prices – reflects the existence of a real scarcity in the market. rise in the Pacific Ocean.

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