Why the Era of Plentiful Oil Has Officially Ended

Why the Era of Plentiful Oil Has Officially Ended

2026-07-18 economy

Washington, Friday, 17 July 2026.
With OECD oil inventories plunging to their lowest levels since 1990, Carlyle Group’s Jeff Currie warns the market has entered a severe, long-term structural energy shortage.

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Energy shortage Oil market