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Commodities

Chart: Commodity Prices Projected to Increase in 2017

Tariq Khokhar's picture
Also available in: Français | العربية | 中文 | Español

Energy and non-energy commodity price indexes are projected to increase by 26 and 3 percent respectively in 2017. The Agricultural Price Index is expected to remain stable. Prices for industrial commodities such as energy and metals appear to have bottomed out in 2016, and are forecast to rise substantially this year due to strong demand and tight supplies. Read more in Commodity Markets Outlook.
 

Chart: the future price of oil?

Tariq Khokhar's picture
Also available in: العربية | Français | 中文 | Español | 日本語

The World Bank's forecast for the average oil price in 2016 is $37 per barrel. Commodity Markets Outlook provides a quarterly analysis of international commodity markets, and the oil forecast reflects factors including a slowing global economy, high oil inventories and unchanged OPEC policy prioritizing market share.