Jaw Dropping Oil Prediction Stuns Americans

This is BAD!

According to predictions from Bank of America analysts, Brent crude oil may cost more than $100 per barrel!

According to Fox Business, “Global demand will outpace supply in 2022 as effective COVID-19 vaccines and OPEC+ supply curbs keep supply and demand out of whack.”

Furthermore, Bank of America strategist Francisco Blanch said, “There is plenty of pent-up oil demand ready to be unleashed.” 

Experts claim that the 18-month pandemic lockdown forced more private travel and less mass transit meaning more miles were driven causing a continued demand for oil.

Blanch also believes that West Texas Intermediate crude oil will hit $95 by next September.

A single barrel of oil hasn’t cost more than $100 since 2014.

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