Home Business World Bank Projects Global Commodity Prices to Hit Six-Year Low by 2026

World Bank Projects Global Commodity Prices to Hit Six-Year Low by 2026

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According to the World Bank’s latest Commodity Markets Outlook, global commodity prices could fall to their lowest level in six years by 2026, marking the fourth consecutive annual decline. Weak economic growth, geopolitical uncertainty, and an oversupply of crude oil are exerting downward pressure on commodity markets. The World Bank

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