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 ...

The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three nuclear facilities in Iran.

Oil 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 ...

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 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, ...

A looming global oil surplus of around 800,000 barrels a day is likely to keep pressure on crude prices in 2025, with production growth set to outpace the increase in demand, Bank of America said ...

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 ...

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 ...

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 ...