Five Key Charts to Watch in Global Commodities This Week

Oil’s plunge under US President Donald Trump’s second term has picked up steam. — Oil’s plunge under US President Donald Trump’s second term has picked up steam.
Photographer: Justin Hamel/Bloomberg

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By Kevin Orland and Michael Hirtzer

May 4, 2025 at 9:00 PM UTC

Updated on

May 5, 2025 at 5:37 PM UTC

Oil prices are at 2021 levels. Copper is rushing to the US, leaving Asian and London inventories at historically low levels. And, boy is it hot and dry around the world — which is good for US farmers but not so much for those in Europe.

Here are five notable charts to consider in global commodity markets as the week gets underway.