Skip to main content

Oil price rally fails to lift wider sentiment

The prices of many commodities slipped back in December, despite the rise in the oil price and encouraging economic data out of China. While the falls in industrial metals may have been the result of investor profit-taking, the prices of some agricultural commodities were retreating on the back of improved prospects for supply. Meanwhile, investors continued to reduce their holdings of precious metals, including gold.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access