Q+A: Could oil really hit $200 a barrel?
Published May 20, 2026
Oil markets are under pressure, LNG prices are rising, and copper and rare earths are becoming increasingly volatile.
Sean Aylmer speaks with Vivek Dhar, Head of Commodities and Sustainability Research at Commonwealth Bank, about what happens next if tensions in the Middle East continue - including the potential for oil prices to hit US$150 a barrel, or even $200 if inventories become critically low.
He also breaks down the outlook for LNG, copper, iron ore, rare earths and lithium, and why supply disruptions are now just as important as demand in commodity markets.
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