Oil could top $150 a barrel amid Middle East conflict: Bank of America
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5 Articles
Bank of America raised its year-end Brent crude oil price forecast and warned that if inventories continue to decline and the Iran war drags on, oil prices could exceed $150 per barrel, MarketWatch reported. We will be covering similar topics at our Portfolio Investment Day conference on October 21. One of the biggest investment events of the year is coming up, where professional experts will tell you what to invest in now. Register here.
Oil could top $150 a barrel if supplies further tighten, Bank of America warns
If disruptions caused by fighting in the Middle East persist into spring 2027, Brent crude could spike above $150 a barrel, strategists at the bank said.
Oil could top $150 a barrel amid Middle East conflict: Bank of America
Rising oil prices due to Middle East tensions could strain global economies, increase inflation, and impact energy-dependent industries.
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