Investors are increasing their bets that a global campaign to reduce carbon emissions will stifle commodity output. This is driving up commodity prices for everything from natural Gas to aluminum.
Oil prices rose further on Thursday, propelled by increasing fuel demand and a larger-than-expected drop in U.S. crude stocks. At the same time, production in the Gulf of Mexico continues
Oil prices rose more than $1 on Wednesday, extending overnight gains. Industry data indicated that crude stocks in the United States declined more than expected last week after two storms.
Rising gas prices threaten to raise winter fuel bills, hamper demand, and worsen a near-term surge in inflation. Moreover, it is another setback for a global economy. The gas market