Darrell Fletcher – Copper, Natural Gas, Oil; Market Outlook For A Commodity Trading Desk 

June 26, 2024

Darrell Fletcher, Managing Director Commodities at Bannockburn Capital Markets joins me to share his outlook for copper, natural gas and oil. 


We begin with an in-depth analysis of copper’s volatile price movements in May, attributable to a short squeeze and global investment trends. Darrell predicts sustained interest in copper driven by the EV sector and infrastructure developments. 


Next, we explore the price increase in natural gas due to high summer temperatures, U.S. production levels, and LNG exports, foreseeing continued volatility. Finally, the discussion shifts to crude oil’s stable yet unremarkable pricing, influenced by OPEC’s actions and U.S. production efficiency.



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