Oil could spike above $100 next year, Bank of America says

CNBC2021-06-21

Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America. The firm identified three factors on both the demand and supply side that should support prices into ...

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Comments

  • Tongdadd
    2021-06-22
    Tongdadd
    To think it was actually at negative value this time last year 
  • SandDust
    2021-06-22
    SandDust
    Not happening simply because Opec still have spare capacity, Iran potential oil back to market and US shale oil usually react very fast to market price. 
  • sjcy
    2021-06-22
    sjcy
    Wish the same spike will happen for oil companies shares. 
  • Novice294
    2021-06-22
    Novice294
    Thought the world is moving towards renewable energy?
  • Sg73
    2021-06-22
    Sg73
    Great ? 
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