Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Bank of America's Francisco Blanch"


3 mentions found


And demand in China this summer has contracted compared with the prior year, according Struyven. These vehicles reduced oil demand in China by 500,000 barrels per day in the first half of 2024, according to Goldman. Oil demand for vehicles in China is expected to peak in 2025 as a consequence, decades ahead of other emerging market economies, according to Goldman. If demand in China remains flat, Brent prices could fall to $68 per barrel by the end of next year, according to the investment bank. While China is the furthest ahead, global gasoline demand is slowing as electric vehicles are adopted around the world.
Persons: Brent, Daan Struyven, Goldman Sachs, Struyven, CNBC's, Bank of America's Francisco Blanch, Goldman, Jeff Currie, Currie Organizations: OPEC, Bank of America's, Bank of America, China Passenger Car Association, Goldman, Trucks Locations: China, East, Eastern Europe, Israel, Iran, U.S, EVs
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina can take crude above $90 a barrel, says Bank of America's Francisco BlanchFrancisco Blanch, Bank of America head of global commodities, joins 'Closing Bell' to discuss the oil trade and headwinds to the sector.
Persons: America's Francisco Blanch Francisco Blanch Organizations: China, America's, Bank of America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree factors that could drive oil prices higher, with Bank of America's Francisco BlanchFrancisco Blanch, head of global commodity and derivative research for Bank of America securities, joins 'The Exchange' to discuss geopolitical factors in supply and demand pushing oil markets higher.
Total: 3