Commodity prices have been on the rise since late in the 3rd quarter of 2020. Signs that the global economy would rebound faster than anyone thought possible, in the early phase, has spurred purchases of critical components in the modern economy. I have discussed the reasons for this in a couple of OilPrice articles recently.
In this article, “How High Will Oil Prices Go This Year?”, I discussed the impact the decline in drilling in shale plays was having on crude stocks, and resulting trend higher in prices. In the second article,…This Commodity Super-Cycle Could Be Unlike Anything We’ve Seen Before
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