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
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
9 March 2026
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
6 March 2026
The March 2026 issue of Petroleum Economist is out now!
6 March 2026
After Europe’s rapid buildout of floating LNG import capacity, Exmar CEO Carl-Antoine Saverys says future growth in floating gas infrastructure will increasingly be driven by developing markets as lower prices, rising energy demand and the need to replace coal unlock new opportunities for unconventional and tailor-made solutions
