The Times, a newspaper from the United Kingdom posted two articles on the state of commodity prices:
- Are gold and oil due a 20-year boom? By Kathryn Cooper
- High oil prices are here to stay. By Dave Smith
I bring attention to these two because of the term "supercycle" and the idea of a 20-year bull run used in Cooper's piece and Smith's referencing of the supermajors BP (ticker: BP) and Shell (ticker: SC). It is always good to keep up on what the major oil and gas companies are thinking.