Economic analysts at Bank of America project that Brent and WTI oil prices could experience a surge, reaching around $95 per barrel by summer, marking a potential 10% increase from their current levels. This prediction takes into account various global economic factors, including supply constraints and heightened demand as countries continue recovering from the pandemic. Such an increase could have wide-reaching implications for both the energy sector and the global economy, affecting everything from transportation costs to the price of goods.