Global supply and demand story spells good run for oil and metals

The Debate

This week our panel discusses whether the current commodities boom is sustainable

Resources, both on the oil front and mining arena, have fared well for the past few years but questions are being asked about its sustainability. Hambro and Whall both believe this area of the market has further to run and not solely because of increased demand from China. The supply and demand factors across the globe continue to favour rises in oil and in commodities such as base metals, while energy needs are making areas like uranium increasingly attractive. Is the current resources boom just a bubble? Charles Whall (CW): The reason why I think the current oil price strength is not...