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Bank of America Just Predicted $95 Oil. 3 Oil Stocks to Buy Now
BACBank of America(BAC) The Motley Fool·2024-04-16 10:06

With oil set to move higher, these 3 stocks are set to outperform.Earlier this month, analysts at Bank of America (BofA) predicted that both Brent and West Texas Intermediate (WTI) crude oil prices could hit $95 a barrel this summer. While that likely wouldn't be good for your wallet due to higher prices at the pump, it could be good for your investment portfolio.Overall, the investment bank raised its full-year average price prediction for Brent to $86 a barrel from a prior forecast of $80 a barrel. Meanwh ...