Publication date: April 13, 2024
Commodity Prices Surge in 2024, Impacting Energy Sector

Commodity Prices Surge in 2024, Impacting Energy Sector

Rising commodity prices, including those of copper and oil, are shaping the economic landscape in 2024

Commodities

A notable rise in commodity prices has been observed in 2024, with significant increases in the costs of copper and oil. This trend is attributed to a combination of geopolitical tensions and supply chain disruptions, which are expected to have ripple effects across various sectors including manufacturing and energy, potentially influencing global energy policies and investment decisions.