Commodities Under Pressure As Stocks Slide on US Economic Worries

MINERAL COMMODITY - LONDON. Commodities including oil, natural gas, metals and agricultural products joined a global sell-off in equities on Monday as fears of a U.S. recession stoked worries over demand, though losses varied widely.

Commodities had already taken a hit in recent weeks, weighed down by a sluggish economy in top buyer China, with crude oil down around 5% last week, copper hitting a four-month low on the London Metal Exchange, and corn near its weakest since 2020.