5 Worst Performing Commodities in 2023

4. Natural Gas

Returns During H1 2023: -24.99%

Natural gas is the fuel of choice for countries looking to reap the benefits of high energy petroleum fuels and reduce their emissions as well. The fuel was at the center of turmoil in the commodities sector last year since Russia is the world’s largest natural gas exporter. These exports have fueled Europe’s economy, and countries such as Germany found it quite difficult to wean their dependence on the fuel. A rebalancing in the energy industry has also hurt German economic growth, and high inflation due to gas and energy prices has pushed inflation to record high levels in the U.S.