From oil to wheat .. 5 basic commodities are worthy this week to follow up

In the case of “Shell” and “BP”, Europe will be on a date with the birth of the first major oil company that could compete with the sector leaders in the United States. While the wealth of data centers increases the demand for nuclear energy, the large amounts of water needed by the facilities are in the world. Meanwhile, indicators are blowing on the horizon showing the direction of the agricultural sector, specifically wheat, this season. We follow the most prominent developments in the global basic commodity markets by reviewing 5 important graphs to consider in the launch of the trading week. The oil reported a report from “Bloomberg” that “Shell” is working with consultants to obtain the possibility of “BP”, but that it has not yet decided the decision to submit an official offer. The momentum of “Shell” discussions has escalated with its advisers over the past few weeks about the feasibility and benefits of obtaining “BB”. The merger of these two giant businesses in the oil sector, both based in London, is one of the largest transactions in the history of Europe. It is scheduled to arise from the merger agreement, the largest oil and gas-producing business owned by investors in the world. Water consumes data centers that cover artificial intelligence applications enormous amounts of water to cool servers whose temperature rises, in addition to indirect consumption associated with the electrical energy needed to operate these facilities. But about three new or developed data centers have been developed since 2022, they are in areas suffering from water tension. Unparalleled areas such as the South African States of America, Saudi Arabia and the United Arab Emirates are chasing to build these centers to take advantage of the boom in the artificial intelligence sector. In China and India, a larger percentage centers are kept in more dry areas compared to the United States, according to an analysis conducted by “Bloomberg”. This reality puts ‘thirst for data’ in a confrontation with societies that have already experienced problems with access to clean water. Nuclear energy is a witness to a growing interest in nuclear energy, in light of the pursuit of technology and government companies to clear clean and stable energy sources that meet the increasing demand for electricity. The most populated Canadian boycott (ontario) approved a plan worth 20.9 billion Canadian Dollar ($ 15 billion) to build a new and smaller type of nuclear reactors. Some believe that small normative reactors, which can be manufactured in factories and manufactured on the site, are a promising solution due to their lower cost and fast construction compared to traditional reactors. But obstacles are still in place, as these reactors are expensive and produce less electricity and are not widely used. Agricultural machines, “Derry & Co”, the largest manufacturer of agriculture equipment in the world, are preparing to announce the results of the second quarter gains next Thursday. Although the optimism of the Boers has recently seen a minor improvement, the uncertainty about the question in the light of customs duties imposed by US President Donald Trump urged many farmers to postpone the purchase of the necessary equipment for agriculture, harvesting and crop treatment. Nevertheless, the shares of agricultural equipment have restored businesses, amid the expectation that 2025 will be the end of the downturn in the agricultural sector cycle. Wheat is expected to be the place of global supplies of wheat, the focus focus in the important agricultural report that will be issued by the US Department of Agriculture today, as well as at the launch of the “Green Com” conference in Geneva tomorrow. Expectations indicate that the supplies will remain limited in the new season, which makes the market vulnerable to high prices as weather conditions before the upcoming harvest season in the most important producing countries. While the US winter wheat has been at its best since 2020, farmers in parts of Europe and China have dryness, while producers in Russia are waiting or the last cold wave has caused extra damage to the crop.