Oil market will soon receive an elongated boost
Goldman’s Currie interview part 2: Supercycle set for capex surge that will elevate oil longer term
Head of commodity research says energy transition a key driver for the supercycle and Middle East the key engine for oil investment
The oil market will soon receive an elongated boost as the commodity supercycle looks to enter a new phase of capital spending, driven partly by the energy transition, says Goldman Sachs’ head of commodity research, Jeff Currie, in a wide-ranging interview with Petroleum Economist. You have talked up the fact that we are in a commodity supercycle, while some commentators suggest we are not quite there yet, perhaps because of recessions or other factors. How do you define a supercycle and how is the energy transition a key part of that theory? Jeff Currie, head of commodity research at Goldman Sachs Currie: A commodity supercycle is not
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
