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Tuesday, November 09, 2021 12:21:22 PM
Americans are getting hammered at the pump! Bank of America predicts crude oil will skyrocket 43% to $120 a barrel by next summer with gas prices already at a seven-year high of $3.40
- BofA analyst Francisco Blanch predicts Brent crude will hit $120 by July
- It would be a roughly 43% increase from the current price of benchmark crude
- Americans are already suffering under the highest gas prices since 2014
- US average price of gas hit $3.415 per gallon on Thursday, according to AAA
- Oil production remains below pre-pandemic levels despite soaring demand
https://www.dailymail.co.uk/news/article-10165015/Bank-America-predicts-crude-oil-skyrocket-43-120-barrel-summer.html
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