BofA Sees Chance of $150 Oil on Critical Infrastructure Risk

BofA Sees Chance of $150 Oil on Critical Infrastructure Risk

Francisco Blanch, commodities and derivatives research head at BofA Securities, says Brent oil prices could climb as high as $150 a barrel if critical infrastructure, like Saudi Arabia's East-West pipeline, "is hit on a more permanent basis." Blanch...

Francisco Blanch, commodities and derivatives research head at BofA Securities, says Brent oil prices could climb as high as $150 a barrel if critical infrastructure, like Saudi Arabia's East-West pipeline, "is hit on a more permanent basis." Blanch speaks on Bloomberg Television. (Source: Bloomberg)
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Bloomberg — Markets (EN)




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