Hua Er Jie Jian Wen·2025-11-27 00:17Core Viewpoint - Morgan Stanley predicts that due to severe supply surplus, Brent crude oil prices may drop to the $30 range by 2027, highlighting significant supply-demand imbalance in the global energy market [1] - Goldman Sachs advises investors to short oil immediately, forecasting that WTI crude oil prices will average $53 per barrel in 2026 due to a daily supply surplus of 2 million barrels [2] Supply and Demand Dynamics - Major investment banks indicate that large-scale supply from OPEC+ and non-OPEC producers in the Americas continues to flood the market, contributing to downward price pressure [1] - Different institutions provide varying timelines for market rebalancing, with Morgan Stanley suggesting that Brent crude could fall to $30 by 2027, while Goldman Sachs believes the market may rebalance by 2027 after a final wave of supply in 2026 [3] Geopolitical Factors - Recent diplomatic talks between the U.S. and Ukraine may ease geopolitical tensions, potentially leading to a relaxation of sanctions against Russia, which could further increase supply pressure in an already oversupplied market [4] - Analysts are closely monitoring the developments of these negotiations, as a peace agreement could allow more Russian energy supplies to enter the global market [4]