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Bank of America Merrill Lynch

Brent could average at $64 in 2018: report

The expected drop in OECD inventories suggests that oil prices will likely be higher in 2018 than originally seen and Brent crude oil price is projected to reach $64 per barrel (/bbl) this year, said the Bank of America Merrill Lynch (BofAML) in

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Brent could average at $64 in 2018: report

The expected drop in OECD inventories suggests that oil prices will likely be higher in 2018 than originally seen and Brent crude oil price is projected to reach $64 per barrel (/bbl) this year, said the Bank of America Merrill Lynch (BofAML) in

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Investors’ global risk appetite on the rise: study

A record high (net 16 per cent) of investors say they are taking above-normal levels of risk in their investment, according to a new report from Bank of America Merrill Lynch (BofAML). The net share of investors taking out protect

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The economics of real rates

In recent years real interest rates have dropped dramatically across the world, said a report from Bank of America Merrill Lynch (BofAML), noting that underlying this decline is a decrease in neutral or equilibrium real interest rates that is pe

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Opec to meet one-third of rise in global oil demand

With non-Opec poised to grow again, Opec will need to increase oil output by just 2.2 million barrels per day (b/d) to meet global incremental oil demand of about 5.5 million b/d over the 2017-22 period, added the latest Global Energy Weekly fro

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Opec to meet one-third of rise in global oil demand

With non-Opec poised to grow again, Opec will need to increase oil output by just 2.2 million barrels per day (b/d) to meet global incremental oil demand of about 5.5 million b/d over the 2017-22 period, added the latest Global Energy Weekly fro

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Output freeze could push oil above $50

An output freeze would tighten global oil balances by 0.5 million barrels per day (b/d) in the second half of 2016 and push prices above $50 in the near-term, said a new report from Bank of America Merrill Lynch (BofAML). BofAML,

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Senior bankers 'leave BofA's Mideast ops'

  The head of Bank of America Merrill Lynch's Middle East and North Africa unit has left following an overhaul of the US lender's regional investment banking operations, three sources said.  

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Bank of America names key Mena officials

Bank of America Merrill Lynch, one of the world's largest financial institutions, has appointed Hakim Karoui and Wadih Boueiz as the co-heads of corporate and investment banking for the Mena region. The banking giant caters to

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Gold could hit $2,000 says BofA Merrill

Dissapointing economic data and faster-than-expected credit rating downgrade of the US government could lift gold prices to $2,000 an ounce, Bank of America Merrill Lynch said on Wednesday. The downgrade will further fuel an environment of

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