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Asian And European Oil Markets Are Almost Depleted As Strait Of Hormuz Remains Closed, Strategist Says

And European Oil Markets Are Almost Depleted As Strait Of Hormuz Remains
International Business Times Fews App News Provider
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Oil markets in Asia and Europe are almost depleted, according to a veteran strategist. Getty Images Oil markets in Asia and Europe are almost depleted as the Strait of Hormuz remains closed, according to a veteran strategist. Jeff Currie, Carlyle's chief strategy officer of energy pathways and co-chairman of Abaxx Markets, told CNBC that Asia is close to the "minimum operating levels" as part of the reserves can't be used immediately.

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