The winners and losers of $100 oil [MSN Money]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
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Source: MSN Money
© Provided by CNBC LLC The prospect of an abrupt supply shock in the energy market is making investors increasingly nervous about the possibility of oil prices soaring above $100 a barrel before year-end. Oil prices have surged more than 25 percent this year, prompting investors to bet that a return to triple-digits could be just around the corner . It comes as market players closely monitor a flurry of supply concerns, with looming United States sanctions against Iran , bottlenecks building in the U.S. shale industry and the collapse of Venezuela 's economy all intensifying an upside risk in the market. Sensitive market conditions Cailin Birch, senior commodities analyst at the Economist Intelligence Unit, told CNBC on Thursday that crude futures appeared uniquely sensitive to market commentary at present, with policy and messaging having an exaggerated impact on prices. And, clearly, what is particularly important right now is the prospect of Irani
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BAC
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- 4/16/24 - Beat
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- 5/10/24 - Form 8-K
- 5/10/24 - Form 424B2
- 5/10/24 - Form FWP
- BAC's page on the SEC website