Jeff Currie, Goldman Sachs global head of commodities research, joins ‘Squawk Box’ to discuss the investment bank cutting its oil price forecast by nearly 10% as Russian supply recovers, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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20 Comments
Jeff stop embarrassing yourself.
Awesome. Goes to show the economy is in an incline
Re: SPR (Strategic Petroleum Reserve)
SPR sales were set to sunset on 11.22. Biden is still releasing from the SPR. Another SPR sale was just announced last week.
…………wtf?
Regards –
This guy's sole job is to pump oil?
Corporate gouging at its finest. Cheerleader Kernan loves seeing working-class people gets slammed.
Why are gas prices so high, while oil is dirt cheap? Gouging. We need more government to chain these greedy pigs.
Another hyper paid “guru” who got it all wrong..
Some day he will be right, LOLOLOLOL waiting waiting
I want this guys job, LOLOLOOOL
Oil price war starting. Opec against Russia.
Sure we were wrong and made you lose money. No we did not change.
👍.I was at a retirement seminar and the speaker spoke on how he quit his job after he made well over $950,000 PROFIT within 3months he invested $120,000. I need guidance on what investments to make.🚀🚀🚀
This cat was predicting $120 oil a year ago and we were at the beginning of a commodity “super cycle”. Looks like Goldman was chatting up the market so they could unwind their positions in the futures market(attempting to) while oil has hovering around $70 a barrel…..OOPS! What is not acknowledging here is that the black market is alive and well. Russia and Iran are flooding the market with crude at the moment and that won’t change. As usual Goldman is wrong again. They are as bad as Kramer😂😂!
* MGIH…. Rose 54 % Today… Millennium Group International. Recently Went Public. Low Share Count. Loading the Dips in June to Keep the Bulls Running.?
Six minutes of talking and absolutely nothing said.
Total fool called for 200$ oil and more
When oil was at 120$ this guy was telling everybody to buy thats its going to be 150$ soon than 200$ by the end of the year
Total embarrassment
Do the opposite
Sell Oil !
it's not like oil at 70 is a bargain, still above pre-pandemic