Bank Exodus May Add to Oil Market Volatility

摘要

The recent exit of several major investment banks from commodities trading might have amplified the recent fall in oil prices, according to several experts. "Part of the decline [in oil prices] is because a major market participating sector no longer participates," said Albert Helmig, chief executive of consulting firm Grey House. Helmig noted that banks such as Credit Suisse and Barclays once accounted for up to 20% of the market.