Oil prices are heading up in summer 2022 according to Goldman Sachs analyst Jeff Currie, who believes prices are being mainly driven by underinvestment in the sector.
“The bottom line is the situation across the energy space is incredibly bullish right now. The pullback in prices we would view as a buying opportunity,” said Currie, global head of Commodities Research in Global Investment Research (GIR) at Goldman Sachs, in an interview with CNBC. “At the core of our bullish view of energy is the underinvestment thesis.”
