Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Oil Is Falling Despite Rising Gold and Silver
Episode 88 of The Commodities Economy with Fexingo breaks down why crude oil is tumbling even as gold and silver rally in early July 2026. Lucas and Luna examine the divergent commodity markets, focusing on the 3% drop in WTI oil to $68.63 versus gold's surge above $4,190 and silver's 8.6% weekly gain. They explore the demand-side pressures on oil—weak global manufacturing data, a slowing Chinese economy, and the surprising labor force participation drop—while safe-haven metals benefit from geopolitical uncertainty and inflation concerns. The episode also touches on the Iran…
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