WCU: Crazy week in oil and gas
The energy sector commanded much attention this past week as prices fluctuated wildly, with crude oil suffering its biggest one-day slump in three years and natural gas experiencing a major rout.
The turbulent turn that geopolitics took in recent weeks has had a severe impact on commodities. But while crude oil and gold benefitted from these tensions, industrial metals suffered on the outlook to lower economic growth. The agriculture sector, meanwhile, was ruled by the weather.
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