| The rout in commodities prices that has wiped billions from the value of energy and mining companies across the world in the past 12 months will continue in 2016, according to economists, analysts and executives on the front line.
Prices in a range of key industrial commodities plunged in 2015 as China’s factories and appetite for raw materials slowed while supply, especially of oil and iron ore, increased. Bob Dudley, the boss of BP, said the price of oil, which lost 34% in 2015, could continue to fall in the first few months of 2016. “A low point could be in the first quarter,” Dudley has told BBC radio...............................................Full Article: Source
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