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Why Oil, Fertilizer, and Metals Prices Are Climbing – World Bank Outlook
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Tag Archives: Oil
Commodity Prices to Hit Six-Year Low in 2026 as Oil Glut Expands
Inflationary Pressures Ease, But Geopolitical Tensions Cloud Outlook
WASHINGTON, October 29, 2025—Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth consecutive year of decline, according to the World Bank Group’s latest Commodity Markets Outlook. Prices are forecast to drop by 7% in both 2025 and 2026, driven by weak global economic growth, a growing oil surplus, and persistent policy uncertainty.
Continue readingWorld Bank Raises 2016 Oil Price Forecast, Revises Down Agriculture Price Projections
Posted 26 April, 2016
WASHINGTON, April 26, 2016— Amid improving market sentiment and a weakening dollar, the World Bank is raising its 2016 forecast for crude oil prices to $41 per barrel from $37 per barrel in its latest Commodity Markets Outlook, as an oversupply in markets is expected to recede.
Netherlands for the World Bank 