BofA Sees Oil Around $120 If Iran Resumes Infrastructure Strikes
Bloomberg Markets's headline. Reported by Bloomberg Markets.
What the sources say, in brief
According to Bloomberg Markets, Bank of America's head of commodities and derivatives research, Francisco Blanch, discussed the oil price outlook. Bloomberg reported that BofA sees oil around $120 a barrel if Iran resumes attacks on infrastructure. The source says US President Donald Trump is weighing further attacks or a resumption of peace talks with Tehran. The excerpt provided is incomplete, so the full reasoning behind the price estimate cannot be confirmed from it. Only one outlet's excerpt was supplied, so no other reporting is available to compare.
Key points
- Bloomberg Markets reported that BofA sees oil around $120 if Iran resumes infrastructure strikes.
- Francisco Blanch, head of commodities and derivatives research at Bank of America, discussed the oil price outlook.
- Bloomberg Markets said Trump is weighing further attacks or a resumption of peace talks with Tehran.
Generated from the headlines and excerpts below and checked automatically: any number or name not present in the sources rejects the summary, and each bullet is checked the same way. Version 1.
BofA Sees Oil Around $120 If Iran Resumes Infrastructure Strikes. According to Bloomberg Markets, Bank of America's head of commodities and derivatives research, Francisco Blanch, discussed the oil price outlook. Bloomberg reported that BofA sees oil around $120 a barrel if Iran resumes attacks on infrastructure. The source says US President Donald Trump is weighing further attacks or a resumption of peace talks with Tehran. The excerpt provided is incomplete, so the full reasoning behind the price estimate cannot be confirmed from it. Only one outlet's excerpt was supplied, so no other reporting is available to compare. Covered by 1 publications. Bloomberg Markets: BofA Sees Oil Around $120 If Iran Resumes Infrastructure Strikes.
Who is covering it
- Bloomberg Markets United States BofA Sees Oil Around $120 If Iran Resumes Infrastructure Strikes Francisco Blanch, head of commodities and derivates research at Bank of America, discusses the outlook for oil prices after US President Donald Trump says he's weighing further attacks or a resumption of peace talks with Tehran. "If Iran goes back to attacking infrastructure in the region, we think 26 Oct · Tier 1
Headlines and excerpts are the publishers' own, shown under quotation for review and linked to the originals.
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