Morgan Stanley has released a research report revising downward its FY25-26 forecasts for international oil prices to US$65/ US$62 per barrel, with a long-term oil price expectation of US$55.Morgan Stanley also reduced its forecasts for SINOPEC CORP (00386.HK) +0.030 (+0.739%) Short selling $91.58M; Ratio 27.279% 's FY25-27 total earnings by 14%/ 13%/ 15% because of the decline in oil prices resulting in a 29%/ 31% cut in the E&P segment's EBIT.Morgan Stanley lowered its target price for SINOPEC CORP from $4.95 to $4.27, with an Equalweight rating.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-19 16:25.)