A GS analyst was interviewed by S&P. highlighting oil and copper gains ahead
- Oil has a 'lot of upside', copper prices already at supercycle levels
- Supercycle reminiscent of 1970s spike rather than 2000s bull run
- Supply crunch could play into shale, core OPEC+ hands
Here is the piece by S&P - its a decent discussion of the fundamentals as seen through the eyes of the GS analyst.