Commodity Prices

Commodities
Commodity Prices
Crude Oil
Oil
Oil Price

Commodity Trader King Eyes $200 Oil After Record Hedge Fund Gain

(Bloomberg) — A hedge fund run by commodities trader Doug King posted a record return last year, thanks to soaring energy, food, power and freight prices. King’s $244 million Merchant Commodity Fund gained 74%, beating its previous best of 59% in 2014, according to an investor letter seen by Bloomberg. London-based King, 55, is among […]

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Commodities
Commodity Prices

Plan for Decades of High Commodity Prices, BlackRock Says

(Bloomberg) — Commodities prices may stay high for decades as mining companies struggle to keep up with demand from the energy transition, according to BlackRock Inc.’s Evy Hambro. Raw materials, and shares of some companies that produce them, hit record highs last year as massive global stimulus measures underpinned consumption. At the same time, the […]

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