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U.S. shale is more vulnerable than in past price wars, needing $65+ WTI to stay profitable amid rising costs and geological ...
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $48.97, ...
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Francisco Blanch, Bank of America head of global commodities, joins 'Closing Bell Overtime' to talk rising commodity prices ...
Saudi Arabia is batting down the hatches for a "long and shallow” oil price war, in part to clip the wings of US shale energy ...
Oil prices may be poised for a short-term rally as CTAs face pressure to cover their short positions, supported by ...
OPEC+’s oil-output hikes are part of a Saudi strategy that will see the kingdom embark on a long but shallow price war ...
Bank of America on Tuesday cut its Brent oil projection by 9% to $80 a barrel for 2023. "Monetary forces are dragging down Brent crude prices," the commodities research team said. The fight in ...
A sector once viewed as a classic Trump trade has been left behind by investors this year, but there are several reasons it ...
Earlier this month, analysts at Bank of America (BofA) predicted that both Brent and West Texas Intermediate (WTI) crude oil prices could hit $95 a barrel this summer. While that likely wouldn't ...
Oil prices face downward pressure due to a surge in global inventories and slowing demand growth, according to a note from Bank of America on Monday. "Observed oil inventories have risen 1.7 ...
Forbes contributors publish independent expert analyses and insights. Matthew F ... of affluent individuals is crucial. The 2024 Bank of America Private Bank Study of Wealthy Americans offers ...
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