Skip to main content

Middle East tensions boost oil prices

A variety of factors have lifted commodity prices this past week. Renewed Middle East fears following events in Yemen boosted oil and gold. Copper prices continued their gradual recovery, helped by supply disruption in Chile and signs of a seasonal pick-up in demand in China, while silver had another good week too. Commodity prices generally were supported by the softer dollar. But ample supply continues to weigh on key agriculturals, notably US wheat.

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