BoA raises oil price forecast
Wednesday, August 27, 2003 | 09:36 AM
Bank of America's energy analysts were busy this am; They raised their 2003-2004 oil price forecast to a 19% premium to the First Call consensus.
If BoA revised estimates are correct, this is potentially a significant drag on the economy. (Here's an Oil chart).
On a related note, check out this recent chart on Gasoline prices:
Source: Chart of the Day
Wednesday, August 27, 2003 | 09:36 AM | Permalink
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