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    Supply will outweigh demand growth, and it’ll turn up sooner rather than later: Citi’s Edward Morse



    Ed Morse, Citi Research head of global commodities, joins ‘Squawk on the Street’ to discuss Morse’s thoughts on crude oil prices, what might affect oil prices to the downside, and much more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

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    View 14 Comments

    14 Comments

    1. Random Ron on

      He's hilarious, and delirious. He's been wrong most of this year, and he'll be wrong next year.
      Every country will withhold supply to keep prices elevated.
      Oil is going to an all time high this year, keeping inflation completely out of control. So don't expect interest rate cuts either. That's why
      My 👀 are clearly focused on the ongoing depression.

    5. J on

      Agreed oil will spark a recession and demand will fall, resulting in supply outweighing demand during the recession.

    6. Carl Bonroy on

      This concerns me. Oil stocks make up oh, 3% of my net worth and I'm in my 40s, retired. I look to oil fore steady dividends and modest share appreciation. The EV thing is very slow in adoption. Across the globe, you have millions and millions and millions of South Asian people going from poor to lower middle, from lower middle to middle and so on……they're gonna use oil. Millions never had a car yet. I'm sticking with it.

    7. Kelvin Nike on

      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.🚀🚀🚀…

    9. Mariette Komosinski on

      I've been unsure about the market due to volatility, at the same time I still feel it's the right time to make profit cos of the price decrease, heard someone speaking of making over $300k from a $180k capital since the pandemic and I'm driven to ask what techniques/skillset is needed to achieve this. Recently I learnt with the right strategy, it's not difficult to make monthly profits of up to 6 digits as I've made up to $ 100,000 per month since last year. Even though I have been investing for a while, it is very important for me to get help from a portfolio manager to identify and take advantage of this market opportunity.I found the broker am currently using whom is Allison Kline Smith in Bloomberg Business Week magazine. So I checked her online and got in touch with her. So you can check her out online if you want.

    10. Mariette Komosinski on

      I've been unsure about the market due to volatility, at the same time I still feel it's the right time to make profit cos of the price decrease, heard someone speaking of making over $300k from a $180k capital since the pandemic and I'm driven to ask what techniques/skillset is needed to achieve this. Recently I learnt with the right strategy, it's not difficult to make monthly profits of up to 6 digits as I've made up to $ 100,000 per month since last year. Even though I have been investing for a while, it is very important for me to get help from a portfolio manager to identify and take advantage of this market opportunity.I found the broker am currently using whom is Allison Kline Smith in Bloomberg Business Week magazine. So I checked her online and got in touch with her. So you can check her out online if you want.❤

    13. Robby Pandher on

      It is not the oil price rising but the us dollar collapsibg. It is only getting started till it becomes absolutely worthless. It is a result of decades of reckless money printing by the central bank.

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