Soaring prices fuel hopes for new commodities supercycle
Green energy frenzy is fuelling rising global demand for copper and cobalt - but oil consumption is also set to jump
The Bingham Canyon copper mine in Utah
Ten months ago futures contracts for US crude oil went negative for the first time as traders rushed to get oil off their hands in a supply glut triggered by lockdowns.
Those surreal days look unlikely to be repeated during this pandemic, with Brent crude this week hitting $66 a barrel - the same level as the start of last year. West Texas Intermediate, the North American benchmark, has also added more than $10 this year to $63.