Darrell Fletcher, Managing Director Commodities AT Bannockburn Capital Markets joins me to discuss the latest trends and insights in the oil, natural gas, and base metals markets. Darrell shares his observations from LME Week, highlighting key themes such as copper, China, and carbon’s impact on decarbonization.
We delve into the medium to long-term outlook for copper and factors influencing its near-term price movements. We also cover oil’s recent price drop, geopolitical risk premiums, and OPEC’s potential impact on supply. Additionally, we analyze the natural gas market’s recent volatility and seasonal trends. Finally, Darrell provides a trader’s perspective on market activity and upcoming catalysts in the metals and energy sectors.