For globally traded industrial commodities, prices appear flat to up in 2026, with crude oil the major exception. Crude oil remains oversupplied, and we expect this to drive prices lower across 2026.

Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. The API report is based on voluntary survey responses from its members, which include ...

Global Commodity Prices Expected to Drop to Six-Year Low by 2026 WASHINGTON, April 29, 2025—Faltering economic growth is coinciding with ample oil supply in ways that are expected to drop global ...

Global commodity prices are largely expected to fall in 2025, but certain items such as gold and gas are likely to see higher prices, according to industry experts. Market participants will also be ...