The UK bank Standard Chartered believes that the oil price could reach USD 10, reports Norwegian business daily Dagens Næringsliv.
The bank has looked into how the oil price will develop this year, and not until the oil price lands at a price of USD 10 per barrel will the market understand that this has gone too far, writes the newspaper.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.