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U.S. shale is more vulnerable than in past price wars, needing $65+ WTI to stay profitable amid rising costs and geological ...
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Francisco Blanch, Bank of America head of global commodities, joins 'Closing Bell Overtime' to talk rising commodity prices ...
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 ...
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $48.97, ...
A sector once viewed as a classic Trump trade has been left behind by investors this year, but there are several reasons it ...
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Bank of America: Oil demand on the rocksOil prices face downward pressure due to a surge in global inventories and slowing demand growth, according to a note from Bank of America (NYSE:BAC) on Monday. "Observed oil inventories have ...
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 ...
Bank of America Global Research said oil prices could rise higher or sink lower, depending on what happens next in global markets. "Surging inflationary pressures from food to energy to services, ...
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 ...
Exxon Mobil is an industry leader with solid production growth. Occidental and Baytex will both be able to quickly deleverage, given higher oil prices. All three stocks are set to nicely benefit ...
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