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Oil may hit $100 a barrel next year on demand rebound- Bank of America Says

Oil may surge to $100 a barrel next year as travel demand rebounds, Bank of America Corp. said, the strongest call yet among major forecasters for a return to triple digits. Global oil consumption will continue to outstrip supply in 2022 as the economic recovery from the pandemic boosts fuel consumption, while investment in new… Don’t miss another story Become a BusinessDay Subscriber today. For insights, facts, figures, and access to opportunities.Options starting from N1000 Monthly Subscribe Now Already a subsriber? Login Get real time updates directly on you device, subscribe now. Subscribe

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