Commodities remain on track to record their first year of positive returns since 2010. But Saxo Bank’s head of commodity strategy Ole Hansen says it could all still change before year-end. 

While the energy sector continues to stabilise following a two-year selloff, it has primarily been the precious metals sector with its 26% gain that has helped stop the commodity rout, says Hansen.

He also explains why the year’s final quarter is widely expected to deliver a firm recovery for oil prices.