The situation in global energy supply chains is becoming increasingly critical. Jeff Currie, a commodities expert, recently warned about risks reaching levels never seen before, with a particular focus on the excessive buildup that is expected to intensify in the coming periods.

The point is that this pressure in the energy markets is no coincidence. Factors such as the temperature in England and other extreme weather events are forcing abrupt changes in demand, creating increasingly larger imbalances. Bloomberg shared this analysis on X, and honestly, it’s a sign that deserves more attention.

What catches my attention is that Currie isn’t being alarmist for no reason. The challenges faced by global energy markets are truly growing, and the stockpile buildup may just be the tip of the iceberg of larger problems to come. If this trend continues, we might see significant movements in energy prices in the coming months.