{"id":402039,"date":"2021-02-25T12:17:18","date_gmt":"2021-02-25T06:47:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=402039"},"modified":"2021-02-25T12:17:18","modified_gmt":"2021-02-25T06:47:18","slug":"crude-oils-fate-could-be-in-hands-of-commodity-supercycle","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oils-fate-could-be-in-hands-of-commodity-supercycle\/","title":{"rendered":"Crude oil&#8217;s fate could be in hands of commodity supercycle"},"content":{"rendered":"<p>The battle lines have been drawn in the oil supercycle debate. On one side stand those who see oil investment cornered by capital discipline and environmental curbs, and on the other those who see US shale and the OPEC+ producer group providing enough supply reinforcements. But oil\u2019s fate could lie in the broader commodity boom.<\/p>\n<p>A swathe of commodities assessed by S&amp;P Global Platts have started 2021 with a bang. Copper, arguably the most critical of industrial metals, has burst beyond $9,000\/mt for the first time in a decade. And high-profile investment banks have talked up the prospect of a commodity supercycle \u2013 a protracted upward rise in prices due to a structural shift in the way demand outpaces supply.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The battle lines have been drawn in the oil supercycle debate. On one side stand those who see oil investment cornered by capital discipline and environmental curbs, and on the other those who see US shale and the OPEC+ producer group providing enough supply reinforcements. But oil\u2019s fate could lie in the broader commodity boom. A swathe of commodities assessed by S&amp;P Global Platts have started 2021 with a bang. Copper, arguably the most critical of industrial metals, has burst beyond $9,000\/mt for the first time in a decade. And high-profile investment banks have talked up the prospect of a [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-402039","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=402039"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402039\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=402039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=402039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=402039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}