Energy Government borrowing costs rise across the globe as oil prices continue to increase Updated : May 17, 2018 08:06 PM IST World and European shares did creep higher [.EU] but other two big macro market spotlights stayed on Italy and Turkey. Turkey's lira was on the slide again as concerns persisted about what an expansion of President Tayyip Erdogan's powers could mean. U.S. bank Morgan Stanley meanwhile raised its Brent price forecast to $90 per barrel by 2020. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.