更多资料加入知识星球：水木调研纪要关注公众号：水木纪要 Morgan Stanley RESEARCH May 7, 2024 07:23 PM GMT The Oil Manual Overshoot, Undershoot Oil market indicators have turned softer in recent weeks, and prices have declined from recent peaks. The oil market is not tight now, but we see seasonal strength ahead in coming months. Our assessment remains that fundamentals support Brent at around $90/bbl by 3Q Key Takeaways shuin The oil market has given off weaker signals recently: calendar spreads, physical diffs and refining margins hav ...