{"id":51228,"date":"2026-04-13T07:22:48","date_gmt":"2026-04-13T11:22:48","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/wall-street-bank-keeps-oil-price-predictions-despite-middle-east-supply-concerns\/"},"modified":"2026-04-13T07:22:48","modified_gmt":"2026-04-13T11:22:48","slug":"wall-street-bank-keeps-oil-price-predictions-despite-middle-east-supply-concerns","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/wall-street-bank-keeps-oil-price-predictions-despite-middle-east-supply-concerns\/","title":{"rendered":"Wall Street Bank Keeps Oil Price Predictions Despite Middle East Supply Concerns"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n

Investment banking giant Morgan Stanley announced Monday it will stick with its earlier oil price predictions, anticipating Brent crude to hit $110 per barrel during the second quarter of 2026 and $100 per barrel in the third quarter, before declining to $80 per barrel in 2027.<\/p>

The financial institution warned that oil distribution networks will need several months to return to normal operations, even if access through the Strait of Hormuz can be restored.<\/p>

According to Morgan Stanley’s primary projection, shipments through the strategic waterway will remain limited throughout April, regain approximately 70% of previous volume levels from May through July, and achieve normal operations by October.<\/p>

Crude oil values surged back beyond $100 per barrel Monday as the U.S. Navy prepared to intercept vessels traveling to and from Iran through the Strait of Hormuz, which could limit Iranian petroleum exports following unsuccessful negotiations between Washington and Tehran to resolve ongoing conflicts.<\/p>

By 0810 GMT, Brent crude futures reached $102.23 per barrel while U.S. West Texas Intermediate was trading at $103.88.<\/p>

At the same time, oil-producing nations in the Middle East, including Kuwait and Iraq, have significantly increased their official pricing for Asian markets in May.<\/p>

Saudi Arabia established its Arab Light crude pricing for Asia at an unprecedented premium of $19.50 per barrel above the Oman\/Dubai benchmark.<\/p>

Market experts anticipate that disruptions to worldwide oil production will create a supply shortage this year, contrasting with earlier projections that predicted abundant oversupply before the current crisis began.<\/p>","protected":false},"excerpt":{"rendered":"

Investment giant Morgan Stanley has kept its oil price projections steady despite ongoing supply chain disruptions in the Middle East. The bank anticipates crude oil will remain expensive through 2026 before dropping to $80 per barrel in 2027.<\/p>\n","protected":false},"author":4,"featured_media":51227,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[834],"tags":[],"class_list":["post-51228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776079367885.jpg?fit=450%2C300&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-dkg","jetpack-related-posts":[{"id":34815,"url":"https:\/\/tvdelmarva.com\/wp\/goldman-sachs-boosts-oil-price-predictions-due-to-hormuz-strait-crisis\/","url_meta":{"origin":51228,"position":0},"title":"Goldman Sachs Boosts Oil Price Predictions Due to Hormuz Strait Crisis","author":"Admin","date":"March 12, 2026","format":false,"excerpt":"Investment banking giant Goldman Sachs has increased its oil price forecasts for late 2026, citing extended disruptions in the critical Strait of Hormuz shipping route. The ongoing U.S.-Israeli conflict with Iran has caused oil prices to surge more than 36% since late February.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773289352825.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":25419,"url":"https:\/\/tvdelmarva.com\/wp\/goldman-sachs-boosts-oil-price-predictions-for-late-2026\/","url_meta":{"origin":51228,"position":1},"title":"Goldman Sachs Boosts Oil Price Predictions for Late 2026","author":"Admin","date":"February 23, 2026","format":false,"excerpt":"Investment giant Goldman Sachs has increased its oil price forecasts for the fourth quarter of 2026, raising Brent crude predictions by $6 to $60 per barrel. The revision comes as petroleum stockpiles in developed nations remain lower than expected, despite ongoing geopolitical tensions.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/02\/news-1771834640718.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":33109,"url":"https:\/\/tvdelmarva.com\/wp\/oil-price-spike-could-slow-world-economy-goldman-sachs-warns\/","url_meta":{"origin":51228,"position":2},"title":"Oil Price Spike Could Slow World Economy, Goldman Sachs Warns","author":"Admin","date":"March 7, 2026","format":false,"excerpt":"Goldman Sachs analysts warn that escalating Middle East tensions could drive oil prices to $100 per barrel, potentially slowing global economic growth. The investment firm predicts such a price surge would reduce worldwide growth by 0.4 percentage points while boosting inflation.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1772869665549.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":49363,"url":"https:\/\/tvdelmarva.com\/wp\/goldman-sachs-cuts-oil-price-forecasts-after-us-iran-ceasefire-deal\/","url_meta":{"origin":51228,"position":3},"title":"Goldman Sachs Cuts Oil Price Forecasts After US-Iran Ceasefire Deal","author":"Admin","date":"April 9, 2026","format":false,"excerpt":"Investment bank Goldman Sachs has reduced its oil price predictions for 2026 following a temporary ceasefire agreement between the United States and Iran. The bank lowered its second-quarter forecasts for both Brent and U.S. crude oil by roughly $9 per barrel.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775708517508.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":32810,"url":"https:\/\/tvdelmarva.com\/wp\/major-investment-bank-predicts-oil-could-hit-100-amid-middle-east-crisis\/","url_meta":{"origin":51228,"position":4},"title":"Major Investment Bank Predicts Oil Could Hit $100 Amid Middle East Crisis","author":"Admin","date":"March 6, 2026","format":false,"excerpt":"Goldman Sachs forecasts oil prices may climb above $100 per barrel next week if shipping disruptions through the Strait of Hormuz continue. The investment bank reports that daily flows through the critical waterway have dropped by 90% due to ongoing Middle East conflict.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1772839222842.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":53887,"url":"https:\/\/tvdelmarva.com\/wp\/goldman-sachs-maintains-oil-price-forecasts-despite-weaker-demand-trends\/","url_meta":{"origin":51228,"position":5},"title":"Goldman Sachs Maintains Oil Price Forecasts Despite Weaker Demand Trends","author":"Admin","date":"April 17, 2026","format":false,"excerpt":"Investment bank Goldman Sachs has kept its 2026 oil price predictions steady despite noting declining demand and easing supply disruptions. The firm expects Brent crude to average $83 per barrel and WTI crude to hit $78 per barrel, assuming normal oil flows resume through a key Middle Eastern shipping route.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776464540101.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/51228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/comments?post=51228"}],"version-history":[{"count":0,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/51228\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media\/51227"}],"wp:attachment":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media?parent=51228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/categories?post=51228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/tags?post=51228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}