Jeff Currie, Goldman Sachs global head of commodities research, joins ‘Squawk Box’ to discuss the latest oil prices and inventory levels, the future of oil demand, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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6 Comments
This dude has been wrong. "Goldman’s Currie Sees Oil at $110 a Barrel by Q3 on China" – 5 months ago. He failed to realize that Russia and Saudi are fighting to gain Chinese market shares and on top of that Russian oil is being sold at a massive discount. So if OPEC cuts production, Russia will go ahead and gain more market shares with discounted prices. Saudi Arabia is completely trapped. Iran and Russia are both willing to sell oil at a massive discount.
55 dollars on WTI incoming
Goldman needs to get rid of this analyst. His analysis is poor.
How does Currie still have a job? Anyone listening to him since his $150 oil call would have lost all their money…..
Uh oh take cover! Whenever he talks, oil gets hit. But I do agree with him.
How many times does someone have to be wrong before they stop putting someone on?