# Morgan Stanley lifts H1 2026 Brent forecast to $60 on OPEC+ pause, Russia sanctions | Reuters

> Morgan Stanley raised its first-half 2026 Brent forecast to $60 a barrel from $57.50, citing OPEC+'s decision to pause quota increases and Russia sanctions. The bank expects the market to balance by the second half of 2026.

- Date: 2025-11-03 · published 2025-11-03T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/22139-morgan-stanley-lifts-h1-2026-brent-forecast-to-60-on-opec-pause-russia
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A higher bank forecast signals expectations of firmer crude prices as OPEC+ supply growth stalls. This supports energy costs for feed and biofuel-linked demand, though the change is modest.

## Read by commodity

- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2024-04-09 | [Morgan Stanley lifts Q3 Brent crude oil forecast on geopolitical risk](https://feedsoft.ai/events/30899-morgan-stanley-lifts-q3-brent-crude-oil-forecast-on-geopolitical-risk.md) | -0.6% | -8.3% |
| BRENT | 2026-03-03 | [Standard Chartered raises 2026 Brent forecasts following Middle East turmoil \| Reuters](https://feedsoft.ai/events/8006-standard-chartered-raises-2026-brent-forecasts-following-middle-east-turmoil.md) | +24.7% | +51.3% |
| BRENT | 2021-01-04 | [Fitch Solutions revises forecast, says Indian rupee to trade weaker in 2021 \| Money & Forex Markets - Business Standard](https://feedsoft.ai/events/49441-fitch-solutions-revises-forecast-says-indian-rupee-to-trade-weaker-in-2021.md) | +8.2% | +7.9% |
| BRENT | 2024-04-03 | [BofA hikes 2024 oil forecasts on tighter supply, geopolitical risks \| Reuters](https://feedsoft.ai/events/30900-bofa-hikes-2024-oil-forecasts-on-tighter-supply-geopolitical-risks-reuters.md) | +2.8% | -0.3% |
| BRENT | 2024-01-30 | [Crude oil prices today: WTI, Brent rise after IMF forecast](https://feedsoft.ai/events/32274-crude-oil-prices-today-wti-brent-rise-after-imf-forecast.md) | -5.5% | +0.1% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/morgan-stanley-lifts-h1-2026-brent-forecast-60-opec-pause-russia-sanctions-2025-11-03/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.