What's next for commodities? - UBS

The rally in commodities has been volatile this year. Markets are torn between tight supply and disruptions on one hand, and fears of a looming global recession on the other.

In the near term, we expect OPEC's limited spare capacity, a pickup in global travel, and China's economic recovery to support oil prices. We also expect the war in Ukraine and weather-related factor… [+2523 chars]

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