Morgan Stanley raises quarterly Brent oil price forecasts

Sept 22 - Morgan Stanley raised its quarterly forecasts for Brent oil prices in 2023 and 2024 on Wednesday, citing the supply deficit caused by the extension of output cuts from Saudi Arabia and Russia.

The market deficit will keep oil prices well supported around current levels, the Wall Street bank said in a note, but added that prices above $100 a barrel would seem"stretched." Brent futures traded around $92.50 a barrel on Thursday, after hitting a 10-month high on Tuesday on the extension of the Saudi-Russia supply cuts.

The following is a list of the latest brokerage forecasts for 2023 average prices per barrel for Brent and WTI :For a table of crude price forecasts as per Reuters latest monthly poll, see

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