Brent oil prices could spike to $140/B over the next 12 months as central banks cut interest rates to help stimulate the global economy, according to Sabine Scheis, senior director and global commodity strategist at Bank of America Merrill Lynch Global Research. While supply disruptions from Iraq and Syria and looming sanctions on Iran will also support prices, oil is more likely to be pushed higher by further fiscal easing and stimulus measures that can fuel global commodity prices, reports Platts, Scheis said at the Platts Crude Oil Markets conference in London.