Monday 16 July 2018
 
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BofAML

Oil under pressure as Saudi, Russia may up output

Brent 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.

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Oil prices to peak in mid-2019: BofAML

Brent 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

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Oil prices to peak in mid-2019: BofAML

Brent 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

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Only 2pc of investors see recession 2018: report

Only 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

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Oil prices to average $50-$70 till 2023: BofAML

Brent 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

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Oil prices to average $50-$70 till 2023: BofAML

Brent 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

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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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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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Saudi Arabia’s 2018 budget walks a fine line: BofAML

Saudi 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

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EV global penetration to hit 90pc by 2050: study

Pure 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

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