Oil Prices to Fall in Autumn, BofA's Blanch Says

Oil Prices to Fall in Autumn, BofA's Blanch Says

On July 8, 2025, the Youtube channel of Bloomberg Television released a new content that caught our attention, this article will be able to give a spotlight on it and why not make you discover this video.

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For your information, you can find below the description of the video Oil Prices to Fall in Autumn, BofA's Blanch Says published by the Youtube channel Bloomberg Television:

Francisco Blanch, head of global commodities and derivates research at Bank of America, discusses OPEC+'s recent decision to increase oil production for the month of August. "It's been a good time to add those barrels and the market hasn't struggled for the time being to absorb it," Blanch tells Bloomberg Television. "We are negative into the second half of the year," he adds, saying that Bank of America sees Brent hit "low sixties" and WTI "high fifties."
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