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Commodity Outlook: Standard Chartered

Oil faces further short-term downside risks, but we expect a rapid removal of the surplus and a pricerecovery from H2. Across base metals, constrained supply dynamics are further pressured by lower prices, and we expect …

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  • Oil faces further short-term downside risks, but we expect a rapid removal of the surplus and a pricerecovery from H2. 

  • Across base metals, constrained supply dynamics are further pressured by lower prices, and we expect this side of the market to exert more upside influence on prices going forward.

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