Bank of America has predicted $ 100 oil price

News

Bank of America has predicted $ 100 oil price

22.06.2021 News

The price of Brent oil may rise to $ 100 per barrel by 2022, according to a report of Bank of America. Analysts of the organization have found six reasons for this development. Three reasons are related to demand and three – to supply.

The first point is the delayed demand for fuel after lockdowns, the predominance of private road transport over other modes of transport, as well as remote work, which can turn into a “work from the car”. This will increase the distance people travel.

Rising capital costs of companies to achieve the goals of the Paris Climate Agreement may also contribute to rising prices. Investors have begun to influence more and more the energy sector, shifting its development to a greener side.

Other articles

Read also

Bank of America has predicted $ 100 oil price
News

J&J reported about the strong quarter

Shares of Johnson & Johnson, which rose till 1.44% over the past week, on Tuesday closed with a decrease of 2.3%, despite on the publication of a better-than-expected Wall Street experts, a report for 3 fin. quarter. Investors are concerned about the potential consequences of ending the large-scale study of the J&J vaccine against COVID-19, […]

Next
Bank of America has predicted $ 100 oil price
News

The Antimonopoly Committee of Ukraine gave the “Gazprom” two months to pay the fine

The Antimonopoly Committee of Ukraine explained its fine to the “Gazprom” in the amount of 86 billion UAH refferint to noncompliance of contact relations from 2009 on gas transit through the Ukrainian territory by the Russian company, with the result that the “Naftogaz” lost significant incomes from the reduction of pumping volume of the fuel […]

Next
Bank of America has predicted $ 100 oil price
News

The price of oil broke a long-standing record

During trading on Monday, October 11, the price of a barrel of Brent oil rose by 2% to $ 84.01. She reached this mark for the first time since October 2018. US WTI oil rose by $ 1.62 to $ 81.3 – the highest price since 2014, according to Reuters. It is noted that Brent […]

Next
Bank of America has predicted $ 100 oil price
News

There will not be enough vaccines for all EU citizens in 2021

Next year, only a small proportion of people in the European Union will be able to get the coronavirus vaccine. Officials in European countries have not yet decided on the vaccination of citizens. This was announced by Reuters on Tuesday, October 27. “By the end of 2021, there will not be enough doses of the […]

Next
Bank of America has predicted $ 100 oil price
News

The court ordered Kyivprastrans to pay to the Lviv Bus Plant 118 million UAH

Lviv Bus Plant  (LAZ)  won the case from the communal enterprise Kyivpastrans in payment for delivering to the communal enterprise trolleybuses for over 118 million UAH in 2012. On March 16, the Kiev Commercial Court ordered the Kievprastrans  to pay Lviv Bus Plant (LAZ) Ltd. more than 118 million UAH for the delivered trolley buses, […]

Next
Bank of America has predicted $ 100 oil price
News

Swiss trains will be assembled in Ukraine

Ukrzaliznytsia has signed a memorandum on cooperation and localization in Ukraine of passenger rolling stock production by the Swiss company Stadler CIS AG. The press service of the Ministry of Infrastructure reports. According to the document, the parties will work together to develop passenger rail transport in Ukraine and attract funding. In addition, if Stadler […]

Next
Bank of America has predicted $ 100 oil price
News

The AMCU fined 4 dairy enterprises in Khmelnytskyi

Khmelnytskyi regional territorial office of the Antimonopoly Committee of Ukraine  has fined the privately-operated enterprise “Prometey consulting firm” in the name of the branch “Slavutskyi Butter Plant”, “Ryhalsky factory of the  desiccated milk ” LLC,  “Bimol” LLC, “Biscuit-Milk” LLC for 36.828 thousand UAH for anticompetitive concerted actions in the milk procurement market for industrial processing.  The Regional territorial office  found […]

Next
Bank of America has predicted $ 100 oil price
News

Tesla has tripled insurance payments to Elon Musk

Tesla Inc. paid its chairman and founder, Elon Musk, $ 3 million in compensation for D&O insurance to defend, settle disputes, or make court decisions. This was reported by Insurance Business. This insurance covers the expenses of the members of the board of directors, which are not included in the general expenses of the top […]

Next
Bank of America has predicted $ 100 oil price
News

In Ukraine will be produced of up to 50 medicine products from India

At the pharmaceutical plant “Kusum Pharm” in Sumy by the end of 2019 the production will be doubled, which will allow to produce up to 50 new names of drugs. This will be possible thanks to the implementation of the import substitution program. This was told reporters co-founder and CEO Rajeev Gupta, during an official […]

Next
Bank of America has predicted $ 100 oil price
News

Ukraine and France will sign agreements worth 1.3 billion euros

During his visit to Kyiv, French Minister of Economy, Finance and Reconstruction Bruno Le Mer will sign four strategic intergovernmental agreements worth a total of 1.3 billion euros. He said this in an interview with Interfax-Ukraine. “During my visit, France will sign four strategic intergovernmental agreements with Ukraine totaling 1.3 billion euros. This is very […]

Next
Bank of America has predicted $ 100 oil price
News

Volkswagen will cut thousands of employees in Germany

Volkswagen AG, Germany’s largest carmaker, plans to cut up to 5,000 jobs in Germany. Volkswagen has confirmed that the company has reached an agreement with the company’s board of employees, which provides for early or partial retirement of some employees. The company expects that about a thousand employees will choose early retirement. Volkswagen has not […]

Next
Bank of America has predicted $ 100 oil price
News

The Ukrainian investment company Digital Future co-invested $ 13.1 million in the startup of YouAppi in the round

The Digital Future Investment company became a co-investor in the startup YouAppi round “B”. According to the CEO of the Digital Future,  Alexei Vitchenko, this  is the first transaction of the Ukrainian investment company  in the “B” round level. The deposit amount is not disclosed. American-Israel YouAppi service was founded in 2011. YouAppi technology is […]

Next
Bank of America has predicted $ 100 oil price
News

The biggest publishing company Gannett conducts a large-scale reorganization of its brands

Big changes are planned in the US Gannett company which decided to coordinate the work of their local and national brands in a new group called USA TODAY NETWORK. On Thursday, December 3, 2015 American media company Gannett  announced the merger of its brands in the USA TODAY NETWORK group to improve the quality of […]

Next
Bank of America has predicted $ 100 oil price
News

FIS Integrates into Visa B2B Connect Platform

Participating FIS client banks will be able to send and receive large-ticket international corporate payments quickly and securely KYIV – May 15, 2019 – Visa Inc. (NYSE:V) and FIS are joining forces to enable FIS’ commercial financial institution clients to quickly and securely access the Visa B2B Connect platform globally*. Visa B2B Connect will be […]

Next
Bank of America has predicted $ 100 oil price
News

Shares in the Chinese markets are falling rapidly after a brokerage scandal

Shares continue to fall in the Chinese stock market. Two major Chinese exchanges experienced a sharp decline in prices. One reason for this is the fact of fraud in the local exchange market. It will be recalled that, that the employees of the two major Chinese exchanges in the summer of 2015 are under investigation. […]

Next
Bank of America has predicted $ 100 oil price
News

The National Bank named four factors for the growth of the hryvnia

Significant strengthening of the hryvnia against the dollar is due to four main factors. Vasyl Furman, Deputy Chairman of the Council of the National Bank of Ukraine, said this on the air of Ukraine 24 TV channel. “This is primarily an increase in prices in commodity markets, on the one hand, although, on the other […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com