Oil could top $150 a barrel if supplies further tighten, Bank of America warns
Why now
Thesis: BofA warns Brent could exceed $150 on Middle East disruptions
Catalyst to watch: Escalation or supply outage in Middle East
Main risk: Demand destruction or supply normalization
Why it matters
BofA warns Brent could exceed $150 if Middle East disruptions persist, implying upside energy risk and inflation pressure.
Details
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.
Sources
- marketwatch · 2026-09-22 11:26 UTC