Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Copper Is Crushing Oil in the 2026 Commodity Race
Oil has fallen more than 10 percent in a week while copper is up 3.5 percent. Lucas and Luna dig into the divergence: why industrial metals are surging on electrification demand while crude faces a glut in Asia and Europe. They discuss Jeff Currie's warning about 'tank bottoms', the role of U.S.-Iran talks, and what the copper rally says about the global energy transition. Plus, they explore whether this is a structural shift or just another cycle.
#Copper #Oil #JeffCurrie #Commodities #EnergyTransition #CrudeOil #IndustrialMetals #Electrification #IranTalks #SupplyGlut…
The skinny
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