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Global economy shows more resilience to oil shocks – BofA

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Apr 08, 2026, 9:31 AM ETUnited States Oil Fund LP ETF (USO), BNOUCO, DBO, UNG, USL, UNL, BOIL, OILK, CO1:COM, CL1:COMBy: Max Gottlich, SA News Editor
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The global economy has become significantly more resilient to oil (USO) (BNO) price disruptions relative to the stagflation era of the 1970s, according to a recent report from Bank of America Global Research.

The analysis reveals that the world now

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