The Skinny on...Oil Prices & Hurricanes

The Wall Street Skinny

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Our thoughts are with everyone who has recently been impacted by or is in the path of the devastating hurricanes this fall. In today's episode, we touch on the perplexing price action in the oil markets. The price of oil remains curiously low relative to what seem to be fundamental upward pressures, and we discuss a recent Bloomberg interview with Jeff Currie, Chief Strategy Officer of Energy Pathways at The Carlyle Group where he suggests that the upside risk to oil "has never been higher".
You can watch the full interview here: https://www.bloomberg.com/news/videos/2024-10-09/oil-market-risk-at-its-highest-since-the-1970s-currie-says?srnd=phx-technology

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