BoA: $100/bbl Oil Is Coming and it’s Bad News for the Economy

By Rupert Hargreaves Value Walk Over the past 12 months, the price of oil has been on a tear. After bottoming at a low of around $30 per barrel towards the end of 2016, Brent has since recovered to trade above $80, up more than $20 a barrel year-on-year. Rising prices have been a boon [...]