While OPEC + has programmed a new increase of 400,000 barrels per day for the month of March, the oil markets have chained their seventh consecutive week of increase since January 1, 2022.

Nothing is holding back the upward pressure on the oil market. The market is now growing by more than 15%. Brent is trading at 92.7 USD against 91.3 USD for the American benchmark, WTI. For its part, gold regained a little height last week at 1817 USD, despite the increase in volatility on the equity markets. The weekly rise is more linked to the fall in the greenback, which makes an ounce of gold more attractive for “international” investors. Silver stalled at $22.9 an ounce.

On the industrial metals side, trading volumes and variations remained narrow. Aluminum prices are stabilizing above 3000 USD, thanks to the increase in Russian gas deliveries to Europe. On the soft commodities side, wheat and corn prices fell in Chicago to 771 and 636 cents per bushel respectively. Cocoa, on the other hand, continued to advance at 2668 USD per tonne.