Jeff Currie Sees ‘Substantial' Upside as Oil Market Rebalances

Jeff Currie of Carlyle Energy Pathways warns the oil market is dislocated between paper and physical markets and expects a 'bumpy ride' as supply and demand begin to rebalance. Expect increased volatility in crude futures and physical basis spreads, raising execution and hedging risks while creating tactical trading opportunities for commodity-focused portfolios.

Analysis

Jeff Currie of Carlyle Energy Pathways warns the oil market is dislocated between paper and physical markets and expects a 'bumpy ride' as supply and demand begin to rebalance. Expect increased volatility in crude futures and physical basis spreads, raising execution and hedging risks while creating tactical trading opportunities for commodity-focused portfolios.