Business Maverick: What to watch as commodities markets brace for hits to supply

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 84%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Supply issues are set to dominate commodities trading in coming days, with Europe’s natural gas shortage in focus along with an OPEC+ decision on what’s next for oil flows.

burst higher to start the week, as traders prepared for an OPEC+ meeting held against a highly fluid backdrop for the global market. Crude is coming off three straight monthly losses, its longest slump in over two years, and has tumbled below $100 a barrel on fears over slower economic growth in China and tighter monetary policy in the US.

Violent storms can threaten sugar cane in Florida and Louisiana, the top US growers, and citrus crops in Florida, the biggest domestic supplier of fruit for juice.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines