Why Morgan Stanley, Goldman Sachs lifted their oil price targets


Crude oil (BZ=F, CL=F) prices have been rallying this year, even as analysts entered 2026 expecting a sizable supply surplus.

CIBC Private Wealth senior energy trader Rebecca Babin joins Morning Brief host Julie Hyman to explain why crude oil supply has been impacted and why several firms are raising their oil price targets.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief.



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