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Oil prices to peak in mid-2019: BofAMLBrent crude oil prices are expected to trend gradually higher, hitting an average of $80 per barrel (/bbl) by mid-2019 before gradually trending lower to an average of $71/bbl by end-2019, said Bank of America Merrill Lynch (BofAML) in a new rep More… |
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Oil prices to peak in mid-2019: BofAMLBrent crude oil prices are expected to trend gradually higher, hitting an average of $80 per barrel (/bbl) by mid-2019 before gradually trending lower to an average of $71/bbl by end-2019, said Bank of America Merrill Lynch (BofAML) in a new rep More… |
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Saudi growth recovers on high oil prices: reportSaudi Arabia’s economic activity has bottomed out as high oil prices are allowing implementation of looser fiscal policy and containing near-term fiscal deterioration, said the Bank of America Merrill Lynch (BofAML) in a new report. More… |
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Brent to average $54 in 2017: reportWith global oil stocks still too high and US supply recovering faster than we anticipated, Brent is seen averaging $54 per barrel in 2017 and $56 per barrel in 2018, says a Bank of America Merrill Lynch (BofAML) report. The sharp More… |
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Oil could trade above $60 in 2017: reportOil supply growth by Opec countries will not match the output declines being experienced by non-Opec producers and this could lead to higher crude prices next year, says a report. To balance the oil market by 2020, US oil and gas More… |
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No peak oil demand until 2040: BoAML reportA peak in global oil demand is unlikely to occur before 2040 in a sub-$70 oil world, according to a research report from Bank of America Merrill Lynch (BoAML). Over the medium-term, low oil prices will influence the trajectory of More… |
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Qatar museum, bank enter art conservation dealQatar Museums (QM) has announced a partnership between the Museum of Islamic Art (MIA) and Bank of America Merrill Lynch on the conservation of one of MIA’s most significant artworks. Funding from Bank of America Merrill Lynch, on More… |
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GCC equity markets ‘increasingly attractive’GCC equity markets are looking increasingly attractive after the broad based sell off since the summer, Bank of America Merrill Lynch said in a recent research report. In this context, the GCC markets presently represent a b More… |
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Hike in cash holdings over weaker global economyGlobal investors have raised their holdings of cash significantly in response to a weaker global economic outlook, particularly in China, according to the Bank of America (BofA) Merrill Lynch Fund Manager Survey for July. Overall, More… |
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BofAML wins Euromoney M&A awardBank of America Merrill Lynch (BofAML) has been recognised as the ‘Best M&A House in the UAE’ at the 2015 Euromoney Middle East Awards for Excellence. The bank has worked on some of the UAE and wider GCC region&rsq More… |
