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Commodity Compass - May 5, 2025 - Oil Continues to Head Lower

Commodity Compass - May 5, 2025 - Oil Continues to Head Lower

Published 1 year, 1 month ago
Description

Geopolitics and some FX movement of US dollar holdings are pushing gold higher. OPEC+ remains on course to increase supply while US rig counts drop. Live Cattle remain strong while corn sees a forecast for increased productivity.

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