BofA hikes 2021 Brent price view by $10/bbl on strong oil balances

Capt. John

Bank of America (BofA) Global Research lifted its forecast for Brent crude oil prices for this year citing tighter supplies due to the Texas freeze and OPEC+ output curbs and unmatched global monetary stimulus, it said in a note. The bank now expects Brent crude oil to average $60 per barrel in...

https://www.hellenicshippingnews.com/bofa-hikes-2021-brent-price-view-by-10-bbl-on-strong-oil-balances/

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