Oil prices will hit $100 a barrel in 2024, Goldman Sachs' chief commodities strategist warns

• Oil prices could tread as high as $100 a barrel in 2024, Goldman Sachs' Jeff Currie said.
• The outgoing commodities chief pointed to demand outweighing the supply of crude.
• On Thursday, Brent crude was trading around $95 a barrel.

Oil prices are heading into the triple-digits next year, as a supercycle lifts the commodities sector, according to Goldman Sachs' outgoing commodities chief Jeff Currie.

Brent crude, the international benchmark, will hit $100 a barrel in 2024, Goldman strategists said in a Tuesday note. That's largely because of a supply-demand imbalance in the oil market, which is likely to worsen over the next year and push prices higher, Currie said.