Podcast: Move over America, Jeff Currie is bullish Europe
TReleased earlier for Energy Aspects subscribers, EA Founder and Director of Market Intelligence Amrita Sen sat down with Jeff Currie just before the OPEC+ accelerated unwind decision.
The key points of discussion were:
- Jeff says Capex boom in Europe will rival anything any other country is seeing: tech, defence, and infrastructure spending are all bullish commodities.
- He thinks a recession is coming and the next three to six months will be painful, but is bullish oil and copper at the back of the curve.
- Jeff also believes US shale cannot sustain low prices for three months, neither can OPEC+ and sees tariff policy pivot coming.
Podcast recorded on 8 May 2025
Watch the podcast
Please fill in your contact details to access
podcast.
Related insights
The OilX Trader Tool translates high-frequency fundamental data into actionable trading signals, helping you anticipate market movements before prices react. By integrating OilX's physical market data with EA Quant Analytics' financial flow positioning metrics, the tool predicts how speculative traders will respond to changing fundamentals over a 1-3 week horizon. View the trader tool in action below:
Recently released for Energy Aspects subscribers, our analysis reveals a challenging outlook for oil field services companies. Q1 2025 earnings for Baker Hughes, Halliburton, and SLB dropped by a third quarter-on-quarter, to a combined $1.7 billion, the first such decline since Q1 2024. What you'll discover in this analysis: Major OFS companies' earnings trends and industry health outlook for 2025. Contrasting performance between tight oil activity and deepwater operations. Tariff implications for OFS supply chains and equipment manufacturing. Regional market performance across North America, Mexico, and Saudi Arabia. Strategic responses to shareholder expectations during market turbulence.
Our latest analysis, first released for subscribers, reveals how EU and IMO emissions regulations will significantly impact LNG bunkering costs and potentially alter global LNG flows. The IMO's surprisingly ambitious Global Fuel Standard could impose penalties of up to $10 million annually on LNG-powered vessels by 2030, whilst the EU's expanding Emissions Trading Scheme will add approximately $0.07/MMBtu to US-Europe shipping costs by 2026. What you'll discover in this analysis: How emissions charges could increase US-Europe LNG shipping costs by $0.40/MMBtu by 2035. Why the EU Methane Regulation will complicate new deals between European importers and US exporters. The potential impact on vessel selection and route economics. How these regulations may influence the Trump administrations trade negotiations.
