Oil, lithium, copper, gold prices: Economist discusses outlook for commodities

Oil prices (CL=F, BZ=F) tick up on the first day of February as geopolitical tensions persist in the Red Sea region. Goldman Sachs Head of Natural Gas Research Samantha Dart breaks down the oil market's monthly gains, stating there is still "a lot of supply spare capacity in the system" with minimal supply chain disruptions.
"We expect to see oil prices peaking this year in the low to mid-80s. so we're pretty close to those levels already. We don't see a lot of fluctuations unless we have a significant supply disruption in the system," Dart explains to Yahoo Finance.
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