Oil Market at 'Tank Bottoms' in Asia, and Europe Isn't Far Behind, Warns Market Veteran Jeff Currie

Oil market at 'tank bottoms' in Asia, and Europe isn't far behind, warns market veteran Jeff Currie

Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, said Carlyle's Jeff Currie.

We are about to price the oil and gas markets for absence rather than scarcity - Energy News Beat

In a recent appearance on Squawk Box Asia, veteran commodities strategist Jeff Currie (Co-Chairman of Abaxx Markets) delivered a stark warning that resonates deeply with current market dynamics. He described an emerging “rare earth moment” — a qualitative shift where markets have been neglecting the physical world (“atoms”) in favor of financial narratives and tech optimism (“bits”). Currie highlighted that a larger amount of GDP is now attached…

Global Oil Markets Are Running on Fumes During Iran War’s Energy Reckoning

As the conflict with Iran stretches into its fourth month, the world’s oil markets are confronting a harsh physical reality that headline inventory numbers obscure. Veteran strategist Jeff Currie of Carlyle Group delivered a sobering assessment Monday: Asia’s tanks are effectively at bottom, Europe stands weeks away from similar pain, and the United States could face acute challenges by July. The disruption of Middle East exports through the Str…