ING
Dutch multinational banking group; its commodity analysts provided warnings on Hormuz oil supply recovery timelines during the June 2026 conflict.
Last refreshed: 30 June 2026 · Appears in 1 active topic
Timeline for ING
Warned traders were too optimistic about Gulf supply recovery timeline
Iran Conflict 2026: Oil barely moves on the stand-downWhat does ING bank research say about oil prices?
Where is ING bank headquartered?
How big is ING bank?
Background
ING is a Dutch multinational bank whose economics and commodities research team is cited in oil-market coverage. Its commodities strategists have cautioned that Gulf crude supply recovery timelines are more optimistic than market fundamentals justify.
Founded in 1991 through the merger of NMB Postbank Group and Nationale-Nederlanden, ING is headquartered in Amsterdam and is the Netherlands' largest bank, holding €1.316 trillion in assets as of Q1 2026. It serves 40.8 million customers across nine retail markets and operates wholesale banking in more than 40 countries. It is directly supervised by the European Central Bank and classified as systemically important.
ING's wholesale banking division finances physical commodity traders with dedicated expertise in energy markets (oil and gas, power, renewables), making its research output significant for crude-market observers. The bank is a EURO STOXX 50 component and posted net income of €7.3 billion in 2024, on revenue of €22.6 billion.
