Bank of America Says It May Take $150 Oil to Break the Economy
Bank of America raised its second-half Brent forecast to $95 a barrel. The bigger warning is in the tail: if disruptions last into spring 2027, oil may need to top $150 before demand breaks.
Bank of America thinks oil prices might go very high soon. If oil stays expensive for a long time, prices might need to reach $150 before people stop buying as much.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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