Five Key Charts to Watch in Global Commodities This Week
An oil drillship anchored in Guanabara Bay, off the coast of Niteroi, Rio de Janeiro state, Brazil.
Photographer: Dado Galdieri/BloombergThis article is for subscribers only.
Diverging views on oil’s outlook has prompted debate ahead of an OPEC+ meeting in the final weekend of November. China and the the US agreed to step up joint action to tackle climate change in the lead up to a key United Nations meeting. Copper trades are signaling a shaky 2024, while cocoa has been soaring. And a UK summit is set to shine a light on food security when hundreds of millions of people worldwide suffer from undernourishment.
Here are five notable charts to consider in commodity markets as the week gets underway.