# Oil Above $112, Australia Wheat Cuts, Platinum Surge and AI Power Boom

Page: https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/oil-above-112-australia-wheat-cuts-platinum-surge-and-ai-power-boom
Text version: https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/oil-above-112-australia-wheat-cuts-platinum-surge-and-ai-power-boom.md
Podcast: [The Commodities Trade Institute Podcast](https://stenobird.com/podcast/the-commodities-institute-podcast-7413714)
Published: 2026-05-19T10:27:23+00:00
Episode link: https://podcasters.spotify.com/pod/show/zach2455/episodes/Oil-Above-112--Australia-Wheat-Cuts--Platinum-Surge-and-AI-Power-Boom-e3jj83a
Audio file: https://anchor.fm/s/10747c694/podcast/play/120217130/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-19%2F6689edab-043f-e316-44fb-c739f2b6b205.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/the-commodities-institute-podcast-7413714/episodes/oil-above-112-australia-wheat-cuts-platinum-surge-and-ai-power-boom
Duration seconds: 651

## Resource

Brent crude closes above $112 as oil inventories tighten and the U.S. extends sanctions waivers on stranded Russian crude. Australian farmers slash wheat planting amid soaring fertilizer costs and dry weather risks, raising fears of a global grain deficit. Platinum group metals rally on persistent supply shortages, while tungsten price spikes raise drilling costs for U.S. energy producers. Meanwhile, NextEra’s $66.8 billion acquisition of Dominion highlights the accelerating race to power AI-driven data center growth across the United States. https://www.commoditiesinstitute.com FOLLOW US @commoditiesinstitute Instagram - https://www.instagram.com/commoditiesinstitute Facebook - https://www.facebook.com/61584221970761 TikTok - https://www.tiktok.com/@commoditiesinstitute YouTube - https://www.youtube.com/@commoditiesinstitute Listen to the Podcast: Spotify Podcast - https://open.spotify.com/show/6eO2y40mmH5J8boeF0ANjJ Apple Podcast - https://podcasts.apple.com/us/podcast/the-commodities-institute-podcast/id1826784341 Commodities Market Oil Metals News Trading Agriculture Policy Politics Energy

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-commodities-institute-podcast-7413714/episodes/oil-above-112-australia-wheat-cuts-platinum-surge-and-ai-power-boom/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/oil-above-112-australia-wheat-cuts-platinum-surge-and-ai-power-boom.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.