Standard Chartered: Oil price will crash to USD 10 per barrel

Not until the oil price lands at a price of USD 10 per barrel, will the market understand that this has gone too far, says British Standard Chartered.

Photo: Hjalmar Otto Fjøsne/Aker Solutions

BY RITZAU FINANS

The UK bank Standard Chartered believes that the oil price could reach USD 10, reports Norwegian business daily Dagens Næringsliv.

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