Implications of tighter credit markets on US oil production: The MUFG Global Markets Podcast

Whilst the recent banking turmoil appears to have subsided, the risk from tighter credit to US oil producers – a group that is capital-intensive and concentrated in a small number of US states and where only a handful of regional banks have an overwhelming market share – warrants monitoring.

Ehsan discusses the explicit and implicit implications of tighter credit markets on US oil production and what global markets can expect in any credit-driven recession on crude oil prices.

Disclaimer: www.mufgresearch.com (PDF)