Precious metal prices have softened after reaching recent highs in March 2022. The weakness reflects rising interest rates and the strengthening of the U.S. dollar, which have outweighed inflation…

John Baffes, Wee Chian Koh |

The Pink Sheet is a monthly report that monitors commodity price movements.

John Baffes, Maria Hazel Macadangdang |

The Russian invasion of Ukraine has triggered significant disruptions to the supply of commodities such as energy and food. This blog argues that market adjustments alongside certain government…

John Baffes, Peter Nagle |

Gas flaring is the industry practice of burning any associated gas extracted as a by-product during oil production. While contributing to climate change, flaring also wastes gas that could help…

Jason Zhengrong Lu, Zubin Bamji |

This blog analyses the consequences of an energy shock on global growth. It puts the current rise in energy prices into historical context, presents model-based estimates of its growth impacts,…

Justin-Damien Guénette, Jeetendra Khadan |

Agricultural prices eased 0.4% in May. Food prices as a group were fairly steady, with a 2.7% increase in grains partly offsetting a 1.5% decline in oils & meals. Beverages and raw materials…

John Baffes, Maria Hazel Macadangdang |

Mining is the fourth driver of deforestation—accounting for 7% of tropical and sub-tropical forest loss. Through its Climate-Smart Mining initiative, the World Bank Group and  PROFOR published in…

Idriss Deffry, John Drexhage, Susana Moreira |

Mozambique has experienced rapid economic growth over two decades, from 1993 to 2015. During that period, the country's growth, which was mainly driven by the extractive industry and public…

Fiseha Haile Gebregziabher, Fernanda Massarongo |

In recent months, however, the war in Ukraine has led to a rise in coal use, as a short-term replacement of Russian oil and gas. But in the medium term, both advanced and developing economies will…

Michal Rutkowski, Elizabeth Ruppert Bulmer |