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Oil Headed for Largest Quarterly Price Drop Since 2020

Oil Headed for Largest Quarterly Price Drop Since 2020
Bloomberg Markets Tuesday 30 June 2026, 10:42 UTC 1 min read
Key Points

Jun 30th, 2026 Oil Headed for Largest Quarterly Price Drop Since 2020 Oil is set for the biggest quarterly decline since the pandemic and Morgan Stanley is warning of a potential glut ahead as flows through the Strait of Hormuz accelerated following progress on a peace deal between the US and Iran. Alaric Nightengale reports on Bloomberg Television.

Jun 30th, 2026 Oil Headed for Largest Quarterly Price Drop Since 2020 Oil is set for the biggest quarterly decline since the pandemic and Morgan Stanley is warning of a potential glut ahead as flows through the Strait of Hormuz accelerated following progress on a peace deal between the US and Iran. Alaric Nightengale reports on Bloomberg Television. [Image text:] Bloomberg Brief OILSETFORQUARTERLYDROP
Oil Headed for Largest Quarterly (ORG) Morgan Stanley (ORG) the Strait of Hormuz (LOCATION) US (LOCATION) Iran (LOCATION) Alaric Nightengale (PERSON) Bloomberg Television (ORG)
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