Wednesday, December 08, 2021 3:38:55 PM
$AGYP #oil ~ 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. This will be huge for oil plays like $AGYP, which is currently undervalued at .28 >>
- 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
Gas prices are sky high and Bank of America warns $120-a-barrel oil is on the way
https://www.cnn.com/2021/11/03/business/gas-prices-oil-opec/index.html
Brent Crude Headed for $120 by End of June, BofA Says
https://www.bloomberg.com/news/articles/2021-11-01/oil-headed-for-120-in-a-matter-of-months-bank-of-america-says
- 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
Gas prices are sky high and Bank of America warns $120-a-barrel oil is on the way
https://www.cnn.com/2021/11/03/business/gas-prices-oil-opec/index.html
Brent Crude Headed for $120 by End of June, BofA Says
https://www.bloomberg.com/news/articles/2021-11-01/oil-headed-for-120-in-a-matter-of-months-bank-of-america-says
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