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Don’t Get Overexcited on Oil Price Moderation, AIB’s Hunt Says

Don’t Get Overexcited on Oil Price Moderation, AIB’s Hunt Says
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Don’t Get Overexcited on Oil Price Moderation, AIB’s Hunt Says The global economy still faces multiple risks even as the US and Iran agree to halt the war in the Middle East, the head of Irish bank AIB Group Plc warned. “I would not get overexcited at this stage about a sustained moderation in oil prices,” Colin Hunt told Bloomberg TV, adding it’s “hard to say based on what we have seen overnight and in the past number of days” whether Ireland would see improved growth off the back of the...

Don’t Get Overexcited on Oil Price Moderation, AIB’s Hunt Says The global economy still faces multiple risks even as the US and Iran agree to halt the war in the Middle East, the head of Irish bank AIB Group Plc warned. “I would not get overexcited at this stage about a sustained moderation in oil prices,” Colin Hunt told Bloomberg TV, adding it’s “hard to say based on what we have seen overnight and in the past number of days” whether Ireland would see improved growth off the back of the agreement.
AIB (ORG) Hunt (PERSON) US (LOCATION) Iran (LOCATION) the Middle East (LOCATION) Irish (ORG) AIB Group Plc (ORG) Colin Hunt (PERSON) Bloomberg TV (ORG) Ireland (LOCATION)
Originally published by Bloomberg Markets Read original →