Wall Street Sees Another Big Commodities Rally In 2022

Wall Street Sees Another Big Commodities Rally In 2022

OilPrice.com

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Even with oil prices now around $95, and commodities across the board dropping amid bearish economic prospects, a lineup of analysts still see another bull run by year’s end. Earlier this week, oil prices fell to a low not seen since January, as traders weighed recession fears, China’s slowing economy, and the potential outcome of a nuclear deal with Iran that would release more product onto the market.   And while Wednesday saw another rally sparked by data from the Energy Information Administration (EIA) showing a large…

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