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BofA Warns of $150 Oil Amid Infrastructure Risks

Key takeaways

  • BofA's Francisco Blanch indicates Brent oil could reach $150 per barrel if critical infrastructure, such as Saudi Arabia's pipeline, faces permanent damage.

Analysis

BofA's Francisco Blanch indicates Brent oil could reach $150 per barrel if critical infrastructure, such as Saudi Arabia's pipeline, faces permanent damage.

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