1 per cent, from their previous close.“There are sufficient reasons to expect oil prices to strengthen further from here, and we stick with our (Brent) $75 per barrel call for Q3,” Morgan Stanley said.Morgan Stanley also cited a pick-up in seasonal demand in the coming month and geopolitical risk as potential supports for oil prices,“We are only 3-4 weeks away from peak refinery maintenance, after which crude and product demand should accelerate .9 per cent.President Donald Trump signed a memorandum that could impose tariffs on up to $60 billion of imports from China.“And then we will hopefully by year-end identify the mechanism by which we will work in 2019.The driver for crude futures was a statement by Saudi Arabian Energy Minister Khalid al-Falih, who said on Thursday that OPEC members [...]