Commodities Outlook Energy prices to cool, but metals to hold firm for now We expect most commodity prices to fall over the next couple of years as greater supply enters the market. Industrial metals are the exception, China’s policymakers have stepped up stimulus in recent... 4th April 2024 · 33 mins read
Commodities Weekly Baltimore tragedy not a major issue for energy flows The collapse of the Francis Scott Key bridge in Baltimore this week is unlikely to have a large impact on global energy flows. For oil, flows of crude and refined products to or from Baltimore are... 28th March 2024 · 5 mins read
Commodities Chart Pack Commodities Overview Chart Pack (Mar. 2024) We expect oil prices to edge lower in the second half of 2024 as OPEC+ starts to unwind its production cuts. However, the Israel-Hamas war, and associated risks to supply, will act as a floor under... 12th March 2024 · 1 min read
India Economics Weekly Shifting consumption patterns, world-beating growth The much-awaited Household Consumption Expenditure Survey for 2022-23 showed a shift in consumption patterns since the previous survey over a decade ago, underscoring the need to re-weight India’s CPI... 1st March 2024 · 3 mins read
Climate Economics Monthly Five highlights from February This Monthly looks at five highlights from the Climate Economics service in February, including the addition of Canada to our Regional Climate Databank, and the launch of our coverage of the EU carbon... 29th February 2024 · 5 mins read
Energy Chart Pack Energy Chart Pack (Feb. 2024) Our Energy Chart Pack has been updated with the latest data and our analysis of recent developments. Energy prices have so far shrugged off disruptions to shipping in the Red Sea and the risk of wider... 5th February 2024 · 1 min read
Commodities Commodities Overview Chart Pack (Jan. 2024) Our Commodities Overview Chart Pack has been updated with the latest data and our analysis of recent developments. We think the big declines in energy prices are now behind us. Oil prices will remain... 5th January 2024 · 0 mins read
Energy Chart Pack Energy Chart Pack (Jan. 2024) Our Energy Chart Pack has been updated with the latest data and our analysis of recent developments. Energy prices will fall in 2024, although we think the big falls are now behind us. Supply has not... 4th January 2024 · 1 min read
Commodities Weekly Commodities wrapped; shipping chaos; OPEC frictions While the robusta price had the largest gain this week (~11%) due to ongoing drought and dry conditions in Vietnam and Brazil, the rebound in oil prices captured most of the attention, as this was... 22nd December 2023 · 5 mins read
Commodities Update COP28 & long-run energy demand The high profile announcements from COP28 around renewable capacity pledges and fossil fuel usage are ambitious, but strike us as either overly optimistic or vague. While we think renewable energy... 21st December 2023 · 4 mins read
Commodities Outlook Metals to benefit in 2024 from green transition We expect most commodity prices to rise in 2024 as major central banks loosen monetary policy and economic activity starts to pick up. Meanwhile, China’s policymakers have taken steps to support the... 15th December 2023 · 31 mins read
India Economics Weekly Robust Q3 GDP, hard truths at COP28, RBI preview The activity data this week confirm that India’s economy is rude health and we now expect full-year GDP growth of 7.0% in 2023, with only a mild slowdown to 6.3% in 2024. A perennial downside risk to... 1st December 2023 · 4 mins read
Energy Update Weaker demand to depress coal prices Coal prices in both Europe and Asia will fall next year as growth in demand eases. But the fall in Europe should be larger as we expect demand there to outright contract. This should ensure that coal... 22nd November 2023 · 3 mins read
Commodities Weekly Another sour week for oil, precious metals to shine Gold and silver prices soared this week on renewed optimism that the Fed had hiked to the peak of its monetary policy mountain. We expect prices to rise further when interest rates begin to be cut... 17th November 2023 · 5 mins read
Commodities Update China’s commodity imports holding up China’s import data for October indicated that its demand for commodities remains robust but we think that further growth in the next couple of months is likely to be modest. 7th November 2023 · 2 mins read
Commodities Chart Pack Commodities Overview Chart Pack (Nov. 2023) Our Commodities Overview Chart Pack has been updated with the latest data and our analysis of recent developments. Energy and precious metal prices will remain volatile while there is a risk that the... 3rd November 2023 · 1 min read
