BofA’s Blanch Says $90 Brent Is Oil Market’s Best-Case Scenario
Bank of America’s commodities and derivatives research chief said his best-case oil-price scenario is Brent averaging $90 for the rest of the year, and the market may go even higher...
By Jonathan Ferro, Lisa Abramowicz, Annmarie Hordern · Bloomberg Markets
Bank of America’s commodities and derivatives research chief said his best-case oil-price scenario is Brent averaging $90 for the rest of the year, and the market may go even higher if the stalemate with Iran persists or heats up with fresh fighting.