Ole Hansen
Ole Hansen is the head of commodity strategy at Saxo Bank.
Notable Quotes
"We’re waiting for a potential binary outcome, if we should take Trump’s words at face value."View Story →
"We're waiting for a potential binary outcome, if we should take Trump's words at face value."View Story →
"Beijing has over the years taken advantage of lower crude prices and the abundance of supply from Gulf states to build one of the world's biggest oil reserves."View Story →
"Estimates show China has built up reserves of around 900 million barrels."View Story →
"The Strait of Hormuz remains effectively constrained and operation of the global oil system is far from normal."View Story →
Related Stories
Oil climbs as strikes on Saudi facilities stoke anxiety, Hormuz near standstill - Reuters
Oil climbs as strikes on Saudi facilities stoke anxiety, Hormuz near standstill Reuters
April 10, 2026China dials back on fuel price hikes to 'reduce burden' on drivers
It comes as countries across the region are taking various measures to weather the soaring cost of fuel.
March 24, 2026The Iran war is causing a global energy crisis - can China withstand it?
With oil supply disrupted, Beijing's oil reserves and renewable energy push are being put to the test.
March 18, 2026Oil heads for first weekly gain in three as US-Iran tensions brew - Reuters
<a href="https://news.google.com/rss/articles/CBMipwFBVV95cUxNeE1ISXVDMmg5YTAxekNsNjJoQzJqS1dMSzJWR3dpeUREblZSWk9ta1ZST0oyU1RMb0hZZDVSTVhfY1I3YVB6V2h0VzNMN1ZLdlNhaTVjRktkQXphQXBqdVFuVEFmY1h6YmxhS2VTcEhXNmVWVVk3aDFXWl94SEFQODZlTG5iME1iS3RwWjRJZXpLUHA0SXF5R3BxVWpXTFpXaEVUeTVvUQ?oc=5" target="_blank">Oil heads for first weekly gain in three as US-Iran tensions brew</a> <font color="#6f6f6f">Reuters</font>
February 20, 2026