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The world is changing at an ever-increasing pace. With the help of Deutsche Bank’s leaders and experts, we’ll look at what these changes mean for the banking industry through stories, ideas, and developments from our work across the world.
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The podcast focuses on banking and finance, covering topics such as political changes impacting the economy, the future of Germany and Europe, and the implications of globalisation for banking institutions with episodes like discussions on the recent federal elections in Germany and their economic consequences.

The world is changing at an ever-increasing pace. With the help of Deutsche Bank’s leaders and experts, we’ll look at what these changes mean for the banking industry through stories, ideas, and developments from our work across the world.
Global oil prices are fluctuating wildly, driven by the war in the Middle East and disruption in the Strait of Hormuz. Despite a ceasefire deal being announced, uncertainty remains.
In this episode – recorded on 1 April 2026 – we take a step back and unpack what moves oil prices and how the global oil market works. Chris Kenny, our Head of Energy Trading, and Michael Hsueh, Senior Research Analyst at Deutsche Bank, join host Michael Steen to discuss all this and more.
01:42 – How the global oil market works and oil prices are set
04:46 – The ongoing disruption in the Strait of Hormuz, its impact on prices and the wider economy, and how it compares to previous oil crises
10:26 – Our role as an investment bank in the oil market and the support clients are looking for in this highly volatile environment
14:33 – How the oil market has changed over the years and our guests’ thoughts on the impact that today’s crisis might have
29:08 – What our guests are dedicated to in their daily lives
Deutsche Bank website http://www.db.com
Deutsche Bank Research Institute Deutsche Bank Research Institute

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