Giant Oil Traders Are Pivoting To Lithium And Battery Tech ...Middle East

OILPRICE - Economy
Giant Oil Traders Are Pivoting To Lithium And Battery Tech
source : OILPRICE ( Middle East ) () 26
Breaking news: the much-touted commodity market boom is officially over. Metals, energy, and agriculture prices have all tumbled from their March peak as inflationary pressure, higher interest rates and a brawny dollar took a heavy toll on the two-year rally. Since June, key commodity indices have been on a downward trajectory, raising questions about whether the budding commodity supercycle is dead on arrival. There’s a notable exception to that trend, though: lithium.  Lithium prices have continued taking out fresh highs, and hit an…

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