Biography

Saurabh Lele is a Global Macro Strategist covering commodities for the Macro Strategies Group at Loomis, Sayles & Company. He joined Loomis Sayles in 2012 as a Commodities Analyst from FBR Capital Markets, where he was a senior research associate in the energy research division. Saurabh earned a BE in mechanical engineering from the University of Mumbai and an MBA from Texas A&M University. He is a CFAĀ® charterholder.

CFAĀ® and Chartered Financial AnalystĀ® are registered trademarks owned by the CFA Institute.

Latest Insights by Saurabh Lele, CFA

Market Commentary & Outlook
April 22, 2026 • 3 min read

Strait of Hormuz Disruption and the Long Tail of Higher Oil Prices

Saurabh Lele illustrates the scale of oil disruption and why he thinks oil prices will remain above pre-conflict levels for some time.
Macro Strategies
Market Commentary & Outlook
March 7, 2025 • 4 min read

Trade Breakdown: Where are the Trade Deficits?

The Loomis Sayles Macro Strategies team breaks down the US trade deficit by sector and country to provide helpful context as markets[…]
Macro Strategies
Market Commentary & Outlook
December 21, 2021 • 3 min read

COVID-19: Prepare for the Transition from Pandemic to Endemic

COVID-19 variants may come and go, but Senior Commodities Analyst Saurabh Lele thinks investors should plan for a longer-term scenario: a prolonged[…]