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Expect bearish trend ahead for oil, says Morgan Stanley's Longson

There are a number of headwinds still facing the oil market that could knock crude prices down as low as $35 this year, Morgan Stanley's head of commodity research said Tuesday.

"I don't think we're fully out of the woods yet," Adam Longson said in an interview with CNBC's "Power Lunch."

"The bullish trend we saw early this summer is likely to shift more bearish," he said.

He thinks a mid-$30s soft floor could come from OPEC chatter and short positions in the market...


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