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UBS: Commodities are still expected to rise 10%, favoring oil and gold
UBS expects commodity prices to rise, and the total return on the commodity index over the next 6 to 12 months will be around 10%.
Crude Oil Stretches Gains, WTI Tests $78.50 Ahead of Inflation Data and Looming OPEC+ Meeting
WTI climbed further on Monday as US inflation data looms.
Oil Prices Edge Higher With Inflation, OPEC Cues on Tap
Oil prices rose slightly in Asian trade on Monday, recovering mildly from steep losses last week as traders awaited more cues on U.S. inflation and a meeting of the Organization of Petroleum Exporting Countries this week.
Oil Holds Near Three-Month Low With OPEC+, US Demand in Focus
Oil steadied after a weekly loss, with the focus on an OPEC+ supply meeting on Sunday and US demand at the start of the summer driving season.
Sudden changes in the oil market: consecutive declines this Thursday, where is the future going?
The crude oil market experienced a series of fluctuations this week. Brent crude oil and WTI crude oil closed down 2.1% and 2.8% respectively. Oil prices fell continuously this Thursday, setting the record for the longest continuous decline since January 2. The future trend of the crude oil market will be affected by multiple factors, including global economic conditions, the Federal Reserve's policy decisions, and OPEC+ production reduction agreements.
Crude Oil Backslides Into the Red on Thursday as Diminishing Rate Cut Hopes Weigh
Broad-market risk appetite evaporates, dragging broader markets lower.