"There is a lot of speculation in it, fear priced in," says BASF (BASFY.PK) CEO Juergen...

|About: BASF SE ADR (BASFY)|By:, SA News Editor

"There is a lot of speculation in it, fear priced in," says BASF (BASFY.PK) CEO Juergen Hambrecht, who believes oil prices are ready to calm down. BASF, flat in German trading after releasing earnings, has suspended its Libyan operations.