BofA's Blanch Joins Goldman In Calling For $90 Brent This Year Amid "Pretty Large Deficit" Fears
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Source: Zero Hedge
Published: 2026-05-19 07:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Science, Energy, Economy & Finance, Financial Markets, Tax & Budget
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Snippet:
Add Bank of America's commodities and derivatives research chief to the growing list of Wall Street strategists who see Brent crude sticking around $90 a barrel this year, as any near-term resolution to the Hormuz chokepoint crisis appears increasingly distant. The call follows Goldman's move several weeks ago to raise its year-end oil outlook to around $90.
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