Saudi Arabia is batting down the hatches for a "long and shallow” oil price war, in part to clip the wings of US shale energy ...

Bank of America on Tuesday cut its Brent oil projection by 9% to $80 a barrel for 2023. "Monetary forces are dragging down Brent crude prices," the commodities research team said. The fight in ...

Separately, Bank of America’s Commodities Research team has revised down its Brent oil price forecast to $75 per barrel for the second half of 2024, down from nearly $90, and for 2025, reduced ...

Oil prices face downward pressure due to a surge in global inventories and slowing demand growth, according to a note from Bank of America on ... the potential for a price rebound in the third ...

Separately, Bank of America’s Commodities Research team has revised down its Brent oil price forecast to $75 per barrel for the second half of 2024, down from nearly $90, and for 2025, reduced from ...

Investing.com -- Bank of America (BofA) is forecasting more downside risk than upside to oil prices, with Brent likely settling around $70 per barrel. In a Thursday note, the bank’s commodities ...

Investing.com -- Bank of America (NYSE: BAC) (BofA) is forecasting more downside risk than upside to oil prices, with Brent likely settling around $70 per barrel. In a Thursday note, the bank’s ...