Commodities Analysis & Opinion

Texas could lead summer cooling demand as Lower 48 weather underwhelms U.S. power burns improving, helped by drop in LNG feed demand June proving best month for gas since August, up nearly...

China's uneven economic recovery has disrupted oil market forecasts, keeping prices low The Asian giant is importing record amounts of cheap Russian crude, stockpiles for future use China prepares for...

Oil remains choppy but edging towards the upper end of its rangeOil prices remain very volatile as we’ve seen over the last week. Trading has been very choppy as traders have tried to reconcile...

Historically, the 40-month moving average has been an excellent indicator of the secular trend in the stock market. Until the S&P 500 loses that support, it remains in a secular bull market, which...

Gold price extended its decline on Wednesday, charting the fourth red daily candle in a row, as the yellow metal struggles to find demand following the Federal Reserve's hawkish skip last week. At the...

Oil prices held key support after dropping from the highest price level since June 8th on a headline from Oil Price that, “Russia’s Crude Oil Exports Still Higher Than Before It Pledged To...

Fed chief’s 2-day testimony to lawmakers comes after hawkish week-ago stance Powell, staying the course of a data-driven Fed, could push gold to $1,850 low Dovish signals from Powell could,...

On June 12, Goldman Sachs came out with this: Goldman Sachs has slashed its forecast for oil prices by nearly 10%, citing weak demand in China and a glut of supply from sanctioned countries, including...

On the corn front, the big headline stays the headline, namely weather. And enter the hurricane season and the weather madness does not stop there. In the Atlantic, we have Tropical Storm Bret that...

Oil prices are modestly higher trying to balance signs that OPEC production cuts are going into effect and the impact of rate cuts in China where some major banks say their economy is faltering. Oil...

OPEC+ met in Vienna 2 weeks ago and agreed to meet previous 2023 production targets, and Saudi Arabia announced voluntary cuts of 1 million b/d for one month, possibly extending them.This is in...

In a surprising twist, the markets have taken a sharp turn, anticipating a dovish approach as a solution to the lingering inflation concerns.The markets just assumed a dovish U-turn in interest rates,...

Oil remains choppy but flat and in lower rangeOil prices are relatively flat today, mirroring yesterday’s session which was broadly choppy but ultimately directionless. Crude has rebounded...

China rate cuts, ECB rate hikes have markets keyed up; Powell cue awaited Crude prices edge lower in Tuesday’s early trade, gold a touch higher Global crude supplies up despite Saudi...