Commodities Analysis & Opinion

Brent losing momentum near $90 Gas prices ease after Wednesday’s surge Divergence a technical red flag Oil prices have risen more than 20% since late June, buoyed by the actions of OPEC+ and the...

Before we graphically elaborate on this week’s double-entendre Texas-speak title, let’s be upfront as regards a misguided inference from a week ago. Therein we wrote with respect to...

Gold shorts worked last week as we hit my target of 1913/11. This was the low for the week.I think the outlook remains negative despite oversold conditions. I see no indication that Gold will recover...

From a contrary perspective, the lack of bullish sentiment and interest in the precious metals sector is bullish.However, for Gold to begin a real bull market and bust through $2100, there will need...

The world’s largest oil producing group says demand is steady and will get better through 2024. But the biggest exporter within the cartel is so afraid of lower prices for crude that it has to...

The peak that seemed so close is somewhat further away. Whatever happened to those predictions of peak oil demand? You know.How the world was changing and because of changing habits global oil demand...

  WTI oil futures snapped the 83.40 resistance on Wednesday, exiting marginally the long-term range area to reach a new high of 84.71 today.The RSI and Stochastic oscillator are in...

Oil is storming to new multi-month highs, rising for the seventh week. Prices have grown high enough to be of interest to US oil producers and, locally, a threat to markets. Data released by the...

The technicals for precious metals were looking positive at the end of July, but since then, the bears have driven the sector lower as the US Dollar has rebounded. In stepping away from the...

Chinese trade data only a temporary distraction Recovery not as bullish as it first appears Divergence a red flag Oil prices are advancing again today after briefly dipping on Tuesday following some...

Higher yields push gold lower Could the US CPI be a game-changer? A break of June lows could be very bearish The second half of the summer hasn’t been kind to gold so far, with the gold coming...

They are more signs that the Biden Administration's energy policies are failing miserably. Oil prices are again surging to new highs in the years on war concerns, and diesel shortage fears while...

After a brush with $2,000 at the start of August, gold futures are back at their tiring mid-to-lower $1,900 range. Spot gold, more closely followed than futures by some traders, is emerging from a...

Chinese trade data disappoints again Saudi and Russian cuts continue to support prices Divergence a potential red flag The data from China appears to be weighing on oil prices today, which is...