JPMorgan's energy guru Malek warns oil prices are headed to $100 per barrel. 'Put your seatbelts on, it's going to be a very volatile supercycle'
Lower investment in new oil production and production cuts by many producers will lead to higher crude prices for years to come, a JPMorgan analyst warns.
![JPMorgan's energy guru Malek warns oil prices are headed to $100 per barrel. 'Put your seatbelts on, it's going to be a very volatile supercycle'](https://content.fortune.com/wp-content/uploads/2023/09/GettyImages-1379449088-e1695403537924.jpg?w=2048#)