Five Key Charts to Watch in Global Commodities This Week (1)

June 3, 2024, 12:24 PM UTC

Despite fears of copper shortages, China is proving that there’s still plenty of the industrial metal. Robusta coffee is enduring wild price swings as it chalks up three months of gains. And the US oil industry sees another big acquisition.

Here are five notable charts to consider in global commodity markets as the week gets underway.

Oil M&A

The massive wave of US oil consolidation continues with ConocoPhillips announcing plans to buy rival Marathon Oil Corp. last week. The sector’s five-biggest deals in the past 12 months have a combined value of close to $200 billion when including ...

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