Commodities: Mixed performance as peak rates gather momentum
Saxo Market Call

Commodities: Mixed performance as peak rates gather momentum

2023-11-30

Oil markets await the upcoming OPEC decision with the expectation to another production cut to bolster favourable conditions for oil markets. We also discuss the diverging performance across many commodities in November including coffee up 8% and US natural gas down 25% as the peak rate narrative sets in, with Ole S Hansen and Peter Garnry.

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