​”I’ve Never Seen Anything Like That”: Jeff Currie Claims Fears Of An Oil Market Glut Are “Completely Overplayed” – Tyler Durden

“I’ve Never Seen Anything Like That”: Jeff Currie Claims Fears Of An Oil Market Glut Are “Completely Overplayed” By Charles Kennedy of OilPrice.com Oil market participants are “dramatically overestimating” a supply glut, as Chinese demand is not as doom-and-gloom as headline figures suggest and U.S. crude oil production is basically flat this year, Jeff Currie, chief strategy officer of energy pathways at Carlyle, said on Tuesday. Fears of a major oil glut are “completely overplayed,” Currie told the Asia Pacific Petroleum Conference (APPEC) in Singapore, where executives at major oil trading houses expressed bearish views about demand and global market…  — Continue at ZeroHedge News : Read More