Energy prices rose 6.1% in July, led by a 6.6% increase in crude oil, the World Bank’s Pink Sheet reported. Non-energy prices jumped nearly 3% with most sub-groups moving higher.

John Baffes, Maria Hazel Macadangdang |

Precious metals prices continued their three-month long uptrend amid the COVID-19 pandemic. Demand for gold has been buoyed by safe-haven buying and global policy support in response to the…

Wee Chian Koh, John Baffes |

Metal prices surged 8.4% in June 2020, following a 3.7% rise in May, driven by a confluence of demand recovery in China and supply concerns in Latin America. However, prices are still 5.2% lower…

Wee Chian Koh, John Baffes |

The World Bank’s Raw Materials Price Index experienced a modest recovery in May after registering large declines in early 2020. The index is projected to drift lower in the second half of 2020…

John Baffes, Ipek Ceylan Oymak |

It is likely those agreements be subject to the same shortcomings that prompted the demise of earlier arrangements.

John Baffes |

The World Bank’s Beverage Price Index started to uptick in April-May, following declines earlier the year due to weakening cocoa and tea prices (

John Baffes, Ipek Ceylan Oymak |

Energy prices jumped 32.2% in May, led by a recovery in crude oil, the World Bank's Pink Sheet reported. Non-energy prices jumped nearly 1%, reflecting gains in metals and minerals. Most…

John Baffes, Maria Hazel Macadangdang |

Natural gas and coal prices have fallen sharply since the start of 2020 due to weak demand and ample supply. European natural gas prices have fallen to multi-decade lows, and are down almost 40% …

Peter Nagle |

Crude oil prices have plummeted since the start of the year, dropping 65% between January and April. Brent crude oil prices averaged $23/bbl in April, a multi-decade low...

Peter Nagle |

Past episodes of major economic recessions, disruptions, and other pandemics can provide valuable insights into how commodity markets are affected by major shocks.

Peter Nagle |