Commodities Roundup: February and March 2014
The situation in Ukraine is wreaking havoc on worldwide commodities markets, especially in energy and food. Ukraine is known for its high output of wheat, and prices may soar if there is continued unrest in the area. Oil prices, which are already increasing due to rising demand and slowing growth in shale oil reserves in the US, could escalate extremely if Russia withholds oil or gas from the country.
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