Banking crisis now 'key driver' of falling oil price as emotions overpower fundamentals

Macroeconomic news is pushing down the price of oil amid concerns of another financial crisis, analysts say

Ole-Rikard Hammer: senior analyst oil and tanker markets at Arctic Securities
Ole-Rikard Hammer: senior analyst oil and tanker markets at Arctic SecuritiesPhoto: MIKAELA BERG/DN
Published 8 May 2023, 10:02Updated 9 May 2023, 08:27