Shows / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Each trading day, Lucas and Luna sit at a commodities-trading desk and examine the forces moving oil, gold, wheat, copper, and other raw material markets. They ground every conversation in the day's price action, inventory reports, weather patterns, geopolitical developments, and currency moves that drive supply and demand. Lucas brings the macro context — central bank policy shifts, manufacturing PMIs, and freight costs — while Luna presses on the micro: what a strike at a Chilean copper mine…
Episodes
The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material MarketsWhy Corn Is Losing Ground to Wheat in the 2026 Crop Cycle
Corn futures are treading water near $4.17 a bushel while wheat surges past $6.05, a 2.7 percent weekly gain. Lucas and Luna unpack the crop rotation dynamics…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Gold Is Falling Even as Inflation Stays Sticky
Episode 60 of The Commodities Economy breaks down the perplexing 3.7% weekly drop in gold futures to 4,170, even as May CPI came in at 334.0 and core inflation…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Wheat Is Surging While Corn Stalls
Episode 59 of The Commodities Economy dives into the striking divergence between wheat and corn markets in June 2026. With wheat futures up 4% in a week to…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
How Wheat Futures Surged While the Dollar Strengthened
In this episode of The Commodities Economy, Lucas and Luna investigate the surprising rally in wheat futures, which jumped 6% in the last five days to $6.25…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
How Cotton Futures Defied the Commodity Sell-Off
Episode 57 of The Commodities Economy with Fexingo examines why cotton futures surged 9.3% in a week while crude oil tanked 10% and gold struggled. Hosts Lucas…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Crude Oil Is Falling Despite Iran Supply Risks
Crude oil prices are tumbling despite heightened geopolitical tensions in the Middle East. WTI crude is down over 12 percent in the past five days, and Brent…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
The Coffee Futures Surge That Changed the Commodities Game
Episode 55 of The Commodities Economy digs into the recent coffee futures surge—up 7.7% in five days. Lucas and Luna explore how robusta supply constraints and…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Gold and Silver Surge While the Dollar Drops
In this episode of The Commodities Economy, Lucas and Luna explore a striking divergence in the commodities market as of June 2026: gold has surged to $4,348…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Cotton Is Surging as Global Textile Demand Returns
Cotton futures are up 7.6% in the past week, breaking a months-long slump. Lucas and Luna dig into the surprising driver: not just supply cuts, but a sudden…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
The Iran Deal Sinks Oil and Lifts Gold
Lucas and Luna break down the biggest commodity move in months as the U.S.-Iran ceasefire deal sends crude oil plunging 11% in a week while gold surges above…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Oil Is Falling Despite Iran Strike Risk
Lucas and Luna break down the disconnect between rising geopolitical tension and falling oil prices in June 2026. Despite Israel striking Lebanon and the Iran…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Soybean Prices Are Surging While Corn Crashes
Soybean futures have jumped 1.6 percent in the last five days, hitting $11.32 per bushel, while corn has dropped 1.6 percent to $4.12. The divergence is tied…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Sugar Prices Are Surging While Brazil Ethanol Demand Soars
Episode 49 of The Commodities Economy with Fexingo unpacks the surprising rally in sugar futures. Lucas and Luna dissect how Brazil's booming ethanol…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Coffee Prices Surge as Robusta Supply Squeeze Hits Global Roasters
Coffee futures have jumped over twenty-five percent in the past month, with arabica and robusta both climbing. Lucas and Luna dig into the specific driver: a…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Coffee Futures Are Roaring While Inflation Cools
Episode 47 of The Commodities Economy with Fexingo dives into the sharp rally in coffee futures, which have jumped more than 3 percent in a week even as…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Oil Is Crashing Despite Tight Supply in 2026
Lucas and Luna break down why crude oil is plunging — WTI down 7.5% in five days — even as global inventories remain tight. They dig into the Iran deal…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
The Gold Crash Defying Inflation Logic
Gold has plunged to a six-month low even as inflation expectations rise. In this episode, Lucas and Luna dissect the disconnect between bullion and breakeven…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Brent Crude Holds Above $90 Despite Iran Strikes
On June 11, 2026, with US strikes against Iran rattling global markets, Brent crude hovers at around $93 a barrel. Lucas and Luna dig into why oil prices…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
The Gold Plunge That Broke the Safe Haven Story
Gold has tumbled more than five percent in a single week, even as the Dow drops seven hundred points on fresh geopolitical turmoil. Lucas and Luna unpack why…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Silver Is Plummeting While Gold Holds Steady
Episode 42 of The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets. Hosts Lucas and Luna dig into the stunning divergence between…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
The Natural Gas Glut That Oil Traders Keep Ignoring
Natural gas prices have crashed 6% in five days while crude holds above $88, widening a divergence that tells a fascinating story about this exact moment in…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why the Goldman Sachs Copper Call Broke the Commodity Mold
In episode 40 of The Commodities Economy, Lucas and Luna drill into one specific moment that shook the metals world this spring: Goldman Sachs publishing a…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Industrial Metals Are Plunging Despite Supply Cuts
Episode 39 of The Commodities Economy. Lucas and Luna break down the surprising collapse in industrial metals like copper and aluminum, even as major producers…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
The Oil Price Disconnect Between Crude and Refined Fuels
Episode 38 of The Commodities Economy: Lucas and Luna explore the growing disconnect between crude oil prices and the price of refined fuels like diesel and…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Silver Is Plummeting While Gold Holds Steady
Episode 37 of The Commodities Economy breaks down the divergence between gold and silver in June 2026. While gold sits near record highs above $4,300, silver…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Wheat Is Falling Despite Global Food Inflation
Episode 36 of The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets. Lucas and Luna dig into why wheat futures are down 3.8% in a…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Aluminum Tariffs Are Reshaping Global Metal Flows
Episode 35 of The Commodities Economy examines the ripple effects of rising aluminum tariffs in mid-2026. Lucas and Luna explore how the 25 percent tariff on…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Cotton Prices Are Falling Despite Tight Global Inventories
Cotton futures have tumbled nearly 4% in the past week, even as global stockpiles sit near multi-year lows. Lucas and Luna unpack the disconnect: why demand…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Copper Is Plunging While the Green Energy Boom Continues
Episode 33 of The Commodities Economy with Fexingo. It's June 5, 2026, and copper — a key green metal — has dropped 4% in a week to $6.26 per pound…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Lumber Is Surging While Housing Slumps in 2026
Housing starts are down, mortgage rates are elevated, and yet lumber futures have jumped 25% in the past month. Lucas and Luna unpack the paradox: it's…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Oil Stocks Are Surging While Crude Stays Flat
Oil prices have barely budged, but energy stocks like ExxonMobil and Chevron are rallying hard. In this episode, Lucas and Luna unpack the divergence using the…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Gold Is Hitting New Highs While Bonds Sell Off
Gold is trading near $4,500 an ounce in early June 2026, up sharply even as real yields rise and the dollar holds firm. Lucas and Luna break down the…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Lumber Prices Are Surging as Housing Slumps
Episode 29 of The Commodities Economy with Fexingo dives into the surprising rally in lumber futures while housing starts and existing home sales are falling…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Heating Oil Inventories Are Defying the Crude Rally
Crude oil is up roughly nine percent in a week, but heating oil markets are telling a very different story. In this episode, Lucas and Luna unpack why…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why the CFTCs New Rules Are Reshaping Commodities Trading
The Commodity Futures Trading Commission just dropped a bombshell that has exchange stocks tumbling and commodities traders scrambling. In this episode, Lucas…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Cocoa Prices Are Crashing After Years of Record Highs
Cocoa futures have collapsed more than 40 percent from their 2025 peak, even as chocolate demand stays strong. Lucas and Luna break down the mechanics of the…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Coffee Futures Are Falling as Roasters Squeeze
Coffee prices are down nearly four percent in a week, even as the broader commodity complex is mixed. Lucas and Luna break down why arabica futures are…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Energy Stocks Are Plunging While Crude Holds Steady
Lucas and Luna break down a glaring disconnect: crude oil is holding above $90 a barrel, but energy stocks like ExxonMobil, Chevron, and ConocoPhillips have…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Palm Oil Is Crashing While Crude Oil Rises
Lucas and Luna unpack the surprising divergence between crude oil and palm oil in May 2026. Crude is down 7% on the week, but palm oil has plunged even…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Oil Bulls Are Trapped in the Wrong Part of the Futures Curve
Oil prices just had their worst week in two years, with Brent crude falling over 8 percent despite geopolitical risk in the Middle East. Lucas and Luna break…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Uranium Is Quietly Outperforming Every Commodity in 2026
Episode 21 examines uranium's 37% rally year-to-date, driven by a structural supply deficit and the U.S. nuclear revival. Lucas and Luna break down the…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Natural Gas Is Surging While Oil Craters in 2026
Crude oil is down 7% in a week, while natural gas has surged nearly 14%. Lucas and Luna explore the driving forces behind this historic divergence: a massive…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Natural Gas Is Surging While Oil Craters
Oil prices are getting hammered—Brent crude down 8 percent in a week. But natural gas is surging 13 percent. Lucas and Luna unpack the disconnect: how Iran war…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Soybeans Are Ignoring the Commodities Selloff
Crude oil is down 8 percent in a week. Natural gas is surging. Gold is wobbling. But soybeans? They're quietly holding at 1,196 — up on the week. In this…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Crude Is Falling Despite the Iran Crisis
Lucas and Luna unpack a head-scratcher: crude oil is down 10% in a week even as U.S.-Iran tensions escalate. They trace the move to a specific supply-side…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Silver Is Getting Crushed While Gold Holds Up
Silver has dropped more than 3% this week alone, while gold is only down about 2.3% from recent highs. Lucas and Luna dig into why the two precious metals are…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Lithium Prices Are Crashing Despite EV Growth
Lithium prices have collapsed more than 70 percent from their 2022 peak, even as global electric vehicle sales continue to grow. In this episode, Lucas and…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Corn Prices Are Falling as Ethanol Demand Weakens
Corn futures have dropped 1.6 percent in the last five days, continuing a broader slide that has pushed prices below $4.55 per bushel. In this episode, Lucas…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why the Oil and Gold Divergence Matters Now
Episode 13 of The Commodities Economy with Fexingo digs into the widening gap between crude oil and gold in late May 2026. With West Texas Intermediate crude…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Brent Crude Is Falling Despite Iran Conflict
Brent crude dropped more than 9 percent in five trading days even as the U.S. conducted military strikes in Iran. Lucas and Luna unpack the paradox: why the…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Industrial Metals Are Outperforming Oil in 2026
Episode 11 of The Commodities Economy examines a striking divergence: while crude oil has plunged over 10% in a week amid fading demand fears and geopolitical…
- 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…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Wheat Prices Are Falling as Global Supply Swells
This episode digs into why wheat futures have dropped over 3% in the past week, even as grocery prices remain stubbornly high. Lucas and Luna explore the…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
How the Iran Deal Could Reshape Oil Markets
Futures for crude oil and Brent have fallen over 10% in the last five days, and a major catalyst may be political: reports that the Trump administration is…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Diesel Prices Are Diverging From Crude in 2026
Crude oil is down more than 11 percent in a week — yet diesel prices at the pump are barely budging. Lucas and Luna unpack the structural mismatch that's…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Cotton Prices Plunge 7.5 Percent in a Week
Cotton futures dropped 7.5 percent in the five trading days through May 23, 2026, touching multi-month lows. Lucas and Luna unpack the reasons: a surprisingly…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Gold at 4500 What the Rally Means Now
Gold futures hit 4,511 on May 22, 2026, capping an extraordinary rally that has left many investors wondering if there's still room to run. Lucas and Luna…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
The Great Oil Divergence Crude and Gasoline Go Separate Ways
This week the oil market is telling two different stories. Crude is sliding — West Texas Intermediate down nearly 10 percent in five days — while gasoline…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Coffee Futures Are Down 6 Percent in a Week
Episode 3 of The Commodities Economy with Fexingo tackles the recent rout in soft commodities, specifically coffee. With KC=F futures down 6.1% in the last…
- The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Industrial Metals Are Spiking on Inflation Fears
Copper, aluminum, and steel prices are surging as inflation expectations ripple through commodity markets. Lucas and Luna break down the specific mechanism…