Eyes on the supply-side: Disruptions could lead to further price increases
The Covid-induced global lockdowns in 2020 ignited supply chain disruptions, which, in turn, paved the way for a great loss of global demand. Consequently, oil prices plummeted significantly to levels last seen in 2002, and indices of Commodity Research Bureau (CRB), Baltic Dry, London Metal Exchange and S&P GSCI tumbled to multi-year lows. This plunge … Read more