Concerns over tightening crude oil supply should overwhelm the recent focus on aggressive rate hikes and a slowing economy, creating bullish conditions for commodities, analysts said.
West Texas Intermediate, the US benchmark for oil prices, closed Friday’s trading at $87.90 a barrel, up about 3.3 percent on the week. This followed a decision by the European Central Bank to raise its key interest rate by three-quarters of a percent to…
