18MAY2018 - NEWS - Analysts at Morgan Stanley predicts oil prices to reach $90 per barrel by 2020

Analysts at investment bank Morgan Stanley have recently predicted that the crude oil prices may reach $90 per barrel level by 2020 as the IMO's sulphur cap boosts the requirement of the more refined products. This prediction came after Brent crude price reached $80 per barrel which is the highest value since Nov 2014.