〽️ Commodities: World news
Get familiar with current trends and forecasts on the commodity market.
🔸 Crude oil: WTI and Brent crude futures fell more than 2% on Friday amid lingering concerns about a recession-driven demand downturn.
🔸 Natural gas: This week, prices rose to $2.85/MMBtu, the highest in over 1-month, and were on course for an 11% weekly gain.
🔸 Gold firmed up near $1,840 an ounce on Friday, with price expected to grow higher as investors reassessed US Federal Reserve monetary policy outlook.
🔸 Aluminum futures were trading around 2,400 USD/T, well below a seven-month peak of 2,660 USD/T touched at the end of January 25.
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