Energy, agricultural commodities, livestock and metals have all risen higher in January, according to observations from Credit Suisse Asset Management.
The largest gain of course was in the energy sector that grew by 6.89% amid crude oil and petroleum products rising following OPEC’s announcement of new production quotas for 2020 in an attempt to rebalance sagging oil markets.
“Escalating geopolitical tensions in the Middle East also has the potential to shock the energy complex,” said Nelson Louie, global head of commodities for Credit Suisse Asset Management. “The rapid escalation of tensions between the . . .
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