Morgan Stanley Raises Its Oil Price Forecast
Morgan Stanley has revised its forecast for Brent crude oil prices in the fourth quarter of this year,
raising its estimate by $5 to reach $80 per barrel.
Topic
Oil
In a note, the bank explained that this adjustment was due to increasing geopolitical risks.
However, it also pointed to the possibility of a growing supply surplus in 2025,
noting that current oil demand is lower than expected, while supply remains sufficient.
Honda
Honda to Recall Approximately 1.7 Million Vehicles
The National Highway Traffic Safety Administration (NHTSA) in the United States
announced that Honda is preparing to recall approximately 1.7 million vehicles
due to an issue that could affect steering control in certain models, increasing the risk of accidents.
According to Reuters, this recall includes prominent models such as the Civic Type R, Acura Integra,
and CR-V from model years 2022 to 2025.
The issue is believed to stem from a manufacturing defect in the steering gearbox,
causing excessive internal friction.
Affected parts will be replaced, and grease will be redistributed or replaced free of charge by the company’s dealers.
Trump
Donald Trump Refuses New Debate with Harris
Donald Trump, the Republican candidate for the U.S. presidential election,
announced on Wednesday that he will not participate in a second televised debate against his Democratic rival, Kamala Harris.
In a statement on his platform, “Truth Social,” Trump said he sees no need for another debate,
despite offers from CNN and Fox News to host it.
He added that Harris has clearly shown she would not change President Joe Biden’s policies,
meaning there are no significant differences to warrant an additional debate.
Morgan Stanley Raises Its Oil Price Forecast