Business

Bank of America sees writing on the wall for Strait, oil prices

THE STREET·May 20 ago·3 min read

Photograph via The Street

RSS SUMMARY · AGGREGATED FROM THE STREET

Brent crude rose above $112 on May 18. Then President Donald Trump announced he was postponing a planned strike on Iran. The price fell back below $109 in the same session. That kind of intraday swing is what the oil market looks like right now. And Bank of America's Francisco Blanche just …

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