Saxo Sees 'Confusion' Reigning in Oil Markets

Bloomberg
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Saxo Sees 'Confusion' Reigning in Oil Markets
Bloomberg
Written by Bloomberg
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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.

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