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    There’s more oil than people think, and demand is significantly weaker: Citi’s Ed Morse



    Ed Morse, Citi global head of commodities research and managing director, joins ‘Squawk Box’ to discuss if Morse ties the move in oil to the Federal Reserve, why a bump in global oil demand hasn’t driven prices higher, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

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    View 19 Comments

    19 Comments

    1. rub tyson on

      👍👍👍.I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. i need to know how to go about it.

    4. Will Twain on

      Why are gas prices staying relatively high? Ask that question Joe the Feudalist. We all know it is corporate gouging, the major source of inflation.

    12. Sly Dawwg on

      CNBC, they are (similar) to listening or getting information from a State-owned company) as there're bias stands out in red flags. They have no opinion other than there're own. (All political) in some of the worst ways. In the market (still)? you/will would have made beyond considerable profits, yet, they (CNBC) still are trying to drag you down to their politics. The EASTERN World is not going to back off from Ground Energy, Oils, Gas etc. as there're population explodes, yet here you have "paid" (almost like Spam) to ignore the reality. If you had invested (& still should in oil stocks) you would have made either a small or large fortune depending on your investment obviously. It will only get better, as that's the demographics & the reality. PS This is not a raid on CNBC, 😉 they are just a part of profit losing Advise media Companies you have to consider & give serious consideration Cheers.

    14. Wild Saddle on

      He was recently right ONLY from the collapse of the Regional Banks when Oil fell $10. Otherwise he would have been Very Wrong. Simple, no more SPR, Russia cutback 500K barrels to end of June, Oil Rig Count is falling, and OPEC+ is not reaching their quota, and lastly China is Open. Oil is moving much higher by the end of the year. All is my opinion.

    18. Sam Walton on

      There isn’t a China rebound coming. China’s economy is going into a depression. That’s why Xi is hooking up Putin and threatening to invade Taiwan. Putin is worried that the Russian people come drag his sorry /$$ out of the Kremlin and hang by his balls in Red square, so he invaded Ukraine in an attempt to unify the people and distract from his disastrous economy. The same thing Xi is doing. He is trying to avoid getting tarred and feathered by the struggling masses. Because they will soon all be out of work.

    19. Bill Tuck Jr on

      The average American Driver has seen The Light. Use as little gas as possible. Plus cut back if possible a few degrees on your home heating. We are still paying the same as when Gas Prices were $ 1,99. We use less and don`t waste a drop!Thank You America!

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