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Saxo Sees 'Confusion' Reigning in Oil Markets

Ole Hansen, commodity strategy head at Saxo Bank, discusses market sentiment as oil jumped amid a weekend flare-up in US-Iran tensions. "Even with the setback we saw on Friday, these prices are still too high relative to what potential consumers…

This article was originally published by Bloomberg Markets and is republished here under license.

Ole Hansen, commodity strategy head at Saxo Bank, discusses market sentiment as oil jumped amid a weekend flare-up in US-Iran tensions. “Even with the setback we saw on Friday, these prices are still too high relative to what potential consumers are prepared to pay,” Hansen tells Bloomberg Television. (Source: Bloomberg)

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