Commentary
At the end of February 2023, the prices of oil (WTI and Brent), Henry Hub and ICE natural gas, aluminum, copper, steel, corn, and wheat, and the Baltic Dry Index are below their February 2022 levels.
Oil pump jacks in California on Oct. 5, 2022. Robyn Beck/AFP via Getty Images
Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat” (2015), and “Life in the Financial Markets.”
