*BANK OF AMERICA SAYS "FADE OIL ABOVE $100" Bank of America is advising investors to sell oil above $100 per barrel, arguing that such levels would trigger a policy response to mitigate risks to the economy. BofA notes oil has gained +69.2% year-to-date, outperforming commodities at +40.8% and gold at +17.4%, while the S&P 500 has fallen -2.5% and bitcoin has dropped -20.0% over the same period. Federal Reserve rate cut expectations for June have declined from 100% probability to 25%. BofA draws parallels to 2007-2008, when oil rose from $70 per barrel in August 2007 to $140 per barrel in July 2008. Oil peaked on July 3, 2008, when European Central Bank raised rates by 0.25%, which was followed 74 days later by Lehman Brothers' collapse. Oil then fell to $40 per barrel.