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Oil under pressure as Saudi, Russia may up outputBrent crude oil prices have come down in recent days from the highs of $80 per barrel (/bbl) posted on May 17 on news that Russia and Saudi Arabia may be looking to up production, said the Bank of America Merrill Lynch (BofAML) in a new report. More… |
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Oil prices to peak in mid-2019: BofAMLBrent crude oil prices are expected to trend gradually higher, hitting an average of $80 per barrel (/bbl) by mid-2019 before gradually trending lower to an average of $71/bbl by end-2019, said Bank of America Merrill Lynch (BofAML) in a new rep More… |
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Oil prices to peak in mid-2019: BofAMLBrent crude oil prices are expected to trend gradually higher, hitting an average of $80 per barrel (/bbl) by mid-2019 before gradually trending lower to an average of $71/bbl by end-2019, said Bank of America Merrill Lynch (BofAML) in a new rep More… |
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Only 2pc of investors see recession 2018: reportOnly 2 per cent of investors surveyed expect a recession this year; the consensus is for Q1 of 2020, though investors are split between 2019 (41 per cent) and 2020 (43 per cent), said the Bank of America Merrill Lynch (BofAML) in its May Fund Ma More… |
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Oil prices to average $50-$70 till 2023: BofAMLBrent crude oil prices are expected to average $50 to $70 per barrel (/bbl) in a medium-term horizon to 2023, said the Bank of America Merrill Lynch (BofAML) in its latest Global Energy Paper. This forecast range co More… |
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Oil prices to average $50-$70 till 2023: BofAMLBrent crude oil prices are expected to average $50 to $70 per barrel (/bbl) in a medium-term horizon to 2023, said the Bank of America Merrill Lynch (BofAML) in its latest Global Energy Paper. This forecast range co More… |
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Brent could average at $64 in 2018: reportThe 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 More… |
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Brent could average at $64 in 2018: reportThe 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 More… |
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Saudi Arabia’s 2018 budget walks a fine line: BofAMLSaudi Arabia’s 2018 budget is, on balance, expansionary as the pace of austerity eases further thanks to higher oil prices and more gradual fiscal reforms, said the Bank of America Merrill Lynch (BofAML) in its analysis. &nb More… |
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EV global penetration to hit 90pc by 2050: studyPure electric vehicles (EVs) are estimated to reach global penetration of 12 per cent, 34 per cent and 90 per cent in 2025, 2030 and 2050, respectively, according to a new report from Bank of America Merrill Lynch (BofAML). Meanwh More… |
