Oil could top $150 a barrel if supplies further tighten, Bank of America warns
If disruptions caused by fighting in the Middle East persist into spring 2027, Brent crude could spike above $150 a barrel, strategists at the bank said.
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# Oil Price Alert: BofA Warns of $150+ Brent Crude Risk Bank of America strategists warn that Brent crude could exceed $150 per barrel if Middle East supply disruptions extend through spring 2027, representing a significant upside risk to current energy prices and potentially amplifying inflation pressures across markets. This forecast suggests investors should monitor geopolitical tensions in the region closely, as sustained conflict could drive energy stocks higher while pressuring consumer discretionary sectors and increasing Federal Reserve concerns about price stability.
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