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Invesco’s Kriskey: Oil Price Freefall Is ‘Overdone'

Invesco’s Kriskey: Oil Price Freefall Is ‘Overdone'

Kathy Kriskey, Invesco's Head of Alternative ETF Strategy, stated this week that the recent sharp decline in oil prices is "overdone." She explained that despite ongoing attacks and geopolitical tensions, maritime traffic, including ships transiting the Strait of Hormuz, has largely continued without significant disruption. Kriskey discussed the market's reaction to these events on Bloomberg's "The Close," suggesting that the price drop does not fully reflect the persistent flow of oil through critical shipping lanes. Her analysis indicates a disconnect between market sentiment and the physical reality of oil supply routes remaining operational.

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