$110 Brent through Year-End – Morgan Stanley

July 27, 2012 11:57 AM EDT
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Morgan Stanley sees Brent oil averaging $110 through year-end. According to a report today, the bank expects Brent to remain "range bound" through the end of the year, averaging $110 a barrel. A previous forecast called for an average price of $105.

Brent trades at $106.17 intraday on Friday.

The following is a list of crude oil ETFs: (NYSE: USO) (NYSE: OIL) (NYSE: UCO) (NYSE: DBA) (NYSE: SCO).


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