Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
How a Cooling Economy Is Pushing Oil Toward Ninety Dollars
In this episode of The Commodities Economy, Lucas and Luna dive into the surprising strength of oil in August 2026. While economic data points to a slowdown — core CPI barely moved and the PCE price index is drifting down — crude has climbed 4 percent in five days, with Brent flirting with the ninety-dollar level. The hosts unpack the geopolitical spark: renewed tension in the Strait of Hormuz, and why markets are pricing a risk premium even as OPEC Plus raises output. They also look at the cross-currents in other commodities, from corn's 8.9 percent weekly pop to silver's slide…
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