Société Générale Warns Current Oil Disruption May Have Slow and Uneven Recovery
Société Générale indicates that the current oil disruption is larger than past crises and is expected to have a slow and uneven recovery. Dr. Mike Haigh, head of FIC and commodity at the bank, highlights that historical oil shocks, such as those from the Iranian revolution, do not compare to the current situation in terms of scale and recovery time.
