Publication date:
April 13, 2024
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.