Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Copper Is Beating Oil in a Cooling Economy
Copper has been quietly outperforming oil in August 2026, and that divergence tells a bigger story about the economy. In this episode, Lucas and Luna dig into the numbers: copper futures up 2.8 percent over the past week while crude oil tumbled 10 percent, and Brent down 11.5 percent. They explore what copper's resilience says about electrification, grid investment, and China's stimulus signals, and why oil's slide reflects OPEC+ supply increases and easing geopolitical tensions. With gold near $4,135 and inflation cooling, they also examine whether copper's strength is a…
The skinny
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