How did the war on Ukraine impact the price of commodities like crude oil? "Most of the commodities that were impacted by the war gave up most of their gains. The obsession of being bullish on crude oil worked against its price. Now, there is a liquation of the energy product where speculators are cutting their risk. In 2022, most rallies into crude oil were sold into. In 2023, it is likely going to be a buy the dip market," says Carley Garner.
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