Oil prices above $100 in 2023 unless recession worsens, war eases: BofA - Business Insider

"The difference now compared to previous recessionary environments is that the pullback in demand has been essentially triggered by a supply shortfall."

Analysts at Bank of America expect oil prices to continue to stay above $100 in 2023, but a deepening recession or a ceasefire in Ukraine could bring that figure lower.  The bank's $100-a-barrel for… [+1434 chars]

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