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Brent could average $60 to $80/bbl to 2027, says reportBrent prices will need to average $60 to $80/bbl to keep the global oil market in balance out to 2027, says a BofA Global Research report. The report says it expects more energy price inflation and more v More… |
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Oil hits 3-year high at $78 as gas market tightensGlobal energy prices are spiking on a tight global gas market ahead of winter, pushing Brent above $78 per barrel (/bbl), a three-year high helped by falling distillate stocks in EMEA and rising crack spreads, a report said. Deple More… |
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BofA unveils ‘VAM 2.0’, Virtual Account Management SolutionFollowing a multi-year investment, Bank of America has launched the next generation of its global Virtual Account Management (VAM) solution to address the growing complexities that treasurers face today when managing global operations. &n More… |
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BofA unveils ‘VAM 2.0’, Virtual Account Management SolutionFollowing a multi-year investment, Bank of America has launched the next generation of its global Virtual Account Management (VAM) solution to address the growing complexities that treasurers face today when managing global operations. &n More… |
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72% of fund managers say inflation is transitory: BofASeventy-two per cent of fund managers responding to a survey said inflation is transitory, while 23% said it is permanent and 68% don't expect recession until 2024 at earliest, said a new BofA Global Research report. The BofA More… |
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Carbon prices key to prevent global warming: BofAGiven how cheap thermal fuels still are, high carbon prices will be a critical component to prevent global temperatures from rising, said a new BofA Global Research report. The report updates the BofA scenarios for decarbonization More… |
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Carbon prices key to prevent global warming: BofAGiven how cheap thermal fuels still are, high carbon prices will be a critical component to prevent global temperatures from rising, said a new BofA Global Research report. The report updates the BofA scenarios for decarbonization More… |
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Macro drivers signal higher oil prices in 2022: BofAWhile big macro drivers-including a weaker USD, inflation and monetary easing all point to higher oil prices in 2022, micro headwinds (Iran, India's 2nd wave) may fade in the second half 2021, according to a new a BofA Global Research report More… |
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Saudi Arabia targets surge in economic diversification: BofASaudi Arabia’s newly announced domestic investment programme confirms the focus on economic diversification and a shift in the growth model towards capital accumulation, said the latest BofA Global Research report. “We More… |
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UAE among top tourism beneficiaries in EEMEAGreece, Egypt, UAE, and Turkey are some of the largest beneficiaries of tourism flows in Easter Europe, Middle East and Africa (EEMEA), based on tourism figures as a percentage of total exports and GDP, a report said. Tourism is e More… |
