Rabobank: The current energy crisis may have a smaller impact on developed economies than in the 1970s.

金十2026/04/17 08:16

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Golden Ten Data, April 17 – Rabobank analyst Cramer stated that compared to the 1970s, developed economies now appear better equipped to handle the current energy crisis. International Energy Agency Director Birol recently noted that the present energy crisis is more severe than those of 1973, 1979, and 2022 combined. Cramer acknowledged that daily crude oil production has indeed fallen more sharply than before. However, he pointed out that modern economies consume less energy, possess larger strategic reserves, and the US is now a net exporter of both oil and liquefied natural gas. In 1974, oil prices soared by 250%, whereas the projected increase by 2026 is only 60%. Nevertheless, if supply disruptions persist, the risks could escalate. Cramer remarked, “It still seems too early to declare everything is fine.”

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Rabobank: The current energy crisis may have a smaller impact on developed economies than in the 1970s.

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