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Home News Forex & Commodities

Oil Breaks Below Trendline; Just a Setback or a Shift in Outlook?

admin by admin
June 27, 2022
in Forex & Commodities
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It’s been a stellar year for commodities as geopolitical turmoil and the pandemic have sparked a global supply crunch in industrial, energy and agricultural commodities. But whilst higher industrial commodity prices are a headache for manufacturers and the astronomical jump in food prices is worrisome, it is energy prices that are causing the most pain, especially for policymakers. However, there finally seems to be some reprieve as oil…



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