Here comes $100 oil prices: BofA strategist

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Here comes $100 oil prices: BofA strategist

Yahoo Finance2021-06-22

The growing consensus on Wall Street is that the rally in oil prices has more room to the upside as the global economy recovers from the COVID-19 pandemic, maybe a lot more room. Bank of America ...

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Sooyin
·2021-06-22
Wa
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Hortenseleck
·2021-06-22
Oily
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KinKat
·2021-06-22
Usually, Shale Oil will flood the market when prices are high & bring down prices again
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3
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littlespazo
·2021-06-22
It seems that traders have always been controlling the oil pricing..if it continues to go up.....I think the EV adoption will start spread rapidly.
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2
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Venus888
·2021-06-22
Wow! $100 next year. Pls comment. Thanks
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- Miracle99:
  Done
  2021-06-22
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BryanYewKeat
·2021-06-22
Like and comment pls
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- KinKat:
  done
  2021-06-22
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CK11
·2021-06-22
Come again..
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- KF73:
  Ok
  2021-11-29
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- KF73:
  Ok
  2021-10-25
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- KF73:
  Sure
  2021-10-24
  Reply
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xiaoming1
·2021-06-22
Okokkokk
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Richson
·2021-06-22
Again?
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1Man2Stonks
·2021-06-22
Omg
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AndhyLee
·2021-06-22
okay
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SSVC
·2021-06-22
Hmm.. Appreciate your response and comments Thanks
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- KinKat:
  done
  2021-06-22
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Kuoching
·2021-06-22
Wow
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- KangW:
  Nice
  2021-06-22
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Cindy8989
·2021-06-22
Up
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KohJinHui
·2021-06-22
??
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JQing
·2021-06-22
Please like and comment
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- JQing:
  ???????????????????????????????????????????????????
  2021-06-22
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mQ
·2021-06-22
Oh my!!
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alod
·2021-06-22
Done
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dent
·2021-06-22
Please like and comment
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- BenYSLim:
  Done. pls go to my profile to like n comment in my first pinned post
  2021-06-22
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Second, mass transit will lag, boosting private car usage for a prolonged period of time. Third, pre-pandemic studies show more remote work could result in more miles driven, as work-from-home turns into work-from-car. On the supply side, we expect government policy pressure in the U.S. and around the world to curb capex over coming quarters to meet Paris goals. Secondly, investors have become more vocal against energy sector spending for both financial and ESG reasons. Third, judicial pressures are rising to limit carbon dioxide emissions. In short, demand is poised to bounce back and supply may not fully keep up, placing OPEC in control of the oil market in 2022,\" explained Blanch.\nWhile other commodities prices such as lumber and copper have corrected lately, oil has maintained its bullish bias.\nAt more than $74.63 a barrel currently, brent crude oil prices are trading at levels not seen since fall 2018. 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Global demand likely rose to 97.0 million barrels a day in recent days from 95.0 million barrels a day just a few weeks ago as the U.S. passes the baton to Europe and emerging markets, where even India is beginning to show improvements,\" Goldman Sachs global head of commodities research Jeffrey Currie contends.\nAdds Currie, \"With such robust demand growth against an almost inelastic supply curve outside of core OPEC+ (GCC + Russia), the global oil market is facing its deepest deficits since last summer at nearly 3.0 million barrels a day. With refiners quickly responding to small improvements in margins, petroleum product supplies have broadly matched this jump in end-use demand, leaving this deficit almost entirely in crude.\"","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":129006720,"gmtCreate":1624341124360,"gmtModify":1703833968216,"author":{"id":"3570014809509262","authorId":"3570014809509262","name":"Sooyin","avatar":"https://static.tigerbbs.com/a3c6ab0a11bb3effa22fd67629f1091e","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Wa&nbsp;","listText":"Wa&nbsp;","text":"Wa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129006720","repostId":2145459036,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120730943,"gmtCreate":1624336626382,"gmtModify":1703833844264,"author":{"id":"3560466885565640","authorId":"3560466885565640","name":"Hortenseleck","avatar":"https://static.tigerbbs.com/e87c55ae6e4a1e5015030ff5e493453f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Oily","listText":"Oily","text":"Oily","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120730943","repostId":2145459036,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120547574,"gmtCreate":1624329543398,"gmtModify":1703833666530,"author":{"id":"3577917165320806","authorId":"3577917165320806","name":"KinKat","avatar":"https://community-static.tradeup.com/news/303a11363633244c53e6b67003899c74","vip":1,"crmLevel":7,"crmLevelSwitch":0},"htmlText":"Usually, Shale Oil will flood the market when prices are high &amp; bring down prices again","listText":"Usually, Shale Oil will flood the market when prices are high &amp; bring down prices again","text":"Usually, Shale Oil will flood the market when prices are high & bring down prices again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120547574","repostId":2145459036,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120586237,"gmtCreate":1624327878729,"gmtModify":1703833601055,"author":{"id":"3576806695783495","authorId":"3576806695783495","name":"littlespazo","avatar":"https://static.tigerbbs.com/57af1ce5bfc456006c8810d511b368a9","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"It seems that traders have always been controlling the oil pricing..if it continues to go up.....I think the EV&nbsp;adoption will start spread rapidly.","listText":"It seems that traders have always been controlling the oil pricing..if it continues to go up.....I think the EV&nbsp;adoption will start spread rapidly.","text":"It seems that traders have always been controlling the oil pricing..if it continues to go up.....I think the EV adoption will start spread rapidly.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120586237","repostId":2145459036,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120296361,"gmtCreate":1624323838453,"gmtModify":1703833422066,"author":{"id":"3572313172431959","authorId":"3572313172431959","name":"Venus888","avatar":"https://static.tigerbbs.com/2eb10c539f367e4d8f1ae8ddf081bfdf","vip":1,"crmLevel":8,"crmLevelSwitch":0},"htmlText":"Wow! $100 next year. Pls comment. Thanks","listText":"Wow! $100 next year. Pls comment. Thanks","text":"Wow! $100 next year. Pls comment. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120296361","repostId":2145459036,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4945759,"gmtCreate":1624323932555,"gmtModify":1635252892484,"authorId":3581573678394869,"author":{"id":3581573678394869,"authorId":3581573678394869,"name":"Miracle99","avatar":"https://static.tigerbbs.com/1cfacd38670cd13d8111d4ffe2d88a3f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120296361,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":120207677,"gmtCreate":1624323649499,"gmtModify":1703833413817,"author":{"id":"3560396008961434","authorId":"3560396008961434","name":"BryanYewKeat","avatar":"https://static.tigerbbs.com/2b459df531836bdfd5fc268908d6c2d9","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120207677","repostId":2145459036,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4948108,"gmtCreate":1624329473527,"gmtModify":1663229681539,"authorId":3577917165320806,"author":{"id":3577917165320806,"authorId":3577917165320806,"name":"KinKat","avatar":"https://community-static.tradeup.com/news/303a11363633244c53e6b67003899c74","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a 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