Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
How Cotton Is Surging Past 80 Cents While Crude Oil Rebounds
On this episode of The Commodities Economy, Lucas and Luna explore why cotton futures have surged past 80 cents a pound in July 2026, gaining over 10 percent in the last week alone. They connect the rally to tightening US supplies, strong export demand, and the broader macroeconomic backdrop of a cooling economy and shifting trade tensions. Meanwhile, crude oil is rebounding sharply after the Iran ceasefire unravels, with WTI jumping nearly 9 percent in five days. The hosts examine how these two seemingly unrelated commodities are both reacting to the same forces: supply constraints and…
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