A rally in oil prices is helping to push broad commodity indexes back toward a key level that you can see with the iShares S&P GSCI Commodity-Indexed Trust ETF (GSG) in the weekly chart below.

GSG broke above resistance at the $24 level shown with the dashed line and rallied toward the prior high seen in mid-2022 (arrow). A rejection off that level is reversing higher once again following the gain in oil prices.