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Oversupplied markets for commodities are setting the stage for lower returns next year - BofAThe economic outlook for the U.S. vs. the rest of the world could cast a bearish cloud on raw materials, according to Francisco Blanch, head of Global Commodities Strategy at BofA Securities.
Importers in the U.S. are facing a surge in table grape imports from Southern Hemisphere producers, driving prices down and ...
However, in the absence of stronger demand growth, IEA still sees the oil market oversupplied by 950,000 barrels per day next year. “If OPEC+ does begin unwinding the voluntary cuts from the end ...
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