Bank of America says US-China trade tensions, OPEC+ output boost could push Brent below $50
ReutersOct 15, 2025 2:12 PM
Oct 15 (Reuters) - Bank of America on Wednesday maintained its Brent crude forecast at $61 a barrel for the final quarter of 2025 and $64 a barrel for the first half of 2026, citing a likely floor around $55.
The bank said that if U.S.-China trade tensions intensify amid OPEC+ production ramp-up, Brent could slip below $50 a barrel.
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