Oil could hit $100 per barrel next year, according to Bank of America, as demand rises.

As travel demand improves, oil prices might rise to $100 a barrel next year, according to Bank of America Corp., the firmest prediction yet among major forecasts for a return to triple digits. In 2022, global oil consumption will continue to surpass supply as the economy recovers from the epidemic, while investment in new...for further reading, click on https://businessday.ng/energy/oilandgas/article/oil-may-hit-100-a-barrel-next-year-on-demand-rebound-bank-of-america-says/

Source: BusinessDay  Newspaper               Jun 21, 2021.