Tag: Commodity Markets Outlook

• Thursday, July 23rd 2015 - 08:58 UTC

  Discouraging outlook for commodities this year confirms World Bank

  

  The outlook for commodities remains grim for this year, except that oil will fall a bit less than previously forecast, the World Bank said. Average prices for fuels such as crude, natural gas and coal will tumble 39% from 2014, while those for materials like metals and fertilisers will fall about 12%, the Washington-based lender said in its quarterly “Commodity Markets Outlook” released Wednesday.