BofA sees Brent crude dropping to $50 in tariff worst-case scenario [Yahoo! Finance]
Uniti Group Inc. (UNIT)
Last uniti group inc. earnings: 3/12 04:05 pm
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Source: Yahoo! Finance
U.S. tariffs and an unexpected OPEC+ production hike trigger what the brokerage called a “negative commodity demand shock.” BofA said its $70/bbl average Brent forecast for 2025 is now at risk. “If supply/demand balances weaken by over 1mn b/d in the coming quarters, Brent could even drop to $50/bbl for a few weeks,” analysts wrote. Trump administration's sweeping tariff announcements, including new levies on imports from China, the EU, and other major economies has given a dual shock to global markets. “Unexpected tax increases on imported US goods are a negative supply shock akin to an oil price spike for American consumers and corporations,” BofA said. “Tariffs are also a negative demand shock for the rest of the world. With costs set to increase, quantities demanded will fall.” The move comes as OPEC+ tripled its planned production increase for May, adding further pressure to an already weakening energy market. BofA said commodities had outperformed equities and bond
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News
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- Uniti Group (NASDAQ:UNIT) adds US$84m to market cap in the past 7 days, though investors from five years ago are still down 49% [Yahoo! Finance]Yahoo! Finance
- Uniti Group Inc. to Participate at the Raymond James 2025 TMT and Consumer Conference [Yahoo! Finance]Yahoo! Finance
- Uniti Group Inc. to Participate at the Raymond James 2025 TMT and Consumer ConferenceGlobeNewswire
UNIT
Earnings
- 11/4/25 - Beat
UNIT
Sec Filings
- 12/4/25 - Form SCHEDULE
- 11/14/25 - Form SCHEDULE
- 11/7/25 - Form 10-Q
- UNIT's page on the SEC website