A commodity cycle is underway again, and this time, Warren Buffett is backing up the new views on the energy sector’s potential rally higher. According to the CME’s FedWatch tool prediction for September 2024, interest rate cuts could be underway soon. If the Fed ends up delivering these cuts, demand for oil due to business activity could soon soar.More than that, recovering economies like China, which represented roughly 40% of global oil demand pre-COVID, could help deliver the sort of tailwinds that the ...