Commodities Analysis & Opinion

By the start of European trading on Monday, WTI had lost over 20% from its high of $80.96 on 7 March to a low of $64.36. The sell-off that intensified last week may well be giving way to a new buying...

Gold higher again initially to reach 2009. There is a good chance that the gold rally just ended & we even have a potential head & shoulders on the 1 hour chart, with neck line at...

There are a lot of bullish factors for Arabica coffee futures (read below), while Robusta’s short-term outlook also remains strong, albeit to a lesser extent. Most of the previous week, March...

Gold delivers fizz-worthy $2,000 high for bulls; record peak will likely take longer  Upside momentum intact despite a drop from Monday’s one-year highs Fed in play on Wednesday adds to...

Gold closed last week at $1974. The key resistance level for Gold on a daily and weekly basis is $1950 to $1985. There is also monthly and quarterly resistance at $1953. A weekly close above $1985...

In my previous article, I noted the presence of extreme indecisiveness among traders on March 19th as natural gas futures continued to slide and hit a low of $2.218 on Monday.The question is whether...

Oil prices are struggling as a crisis of confidence in the global banking system is overshadowing what normally would be very bullish fundamentals. The fear is that fear will lock up the economy,...

The crude oil market remains turbulent. On Monday, a Brent barrel again got under pressure and fell to 72.30 USD.Over last week, crude oil quotes lost almost 12%, which makes 10 USD, a more than...

Fed week being crowded out with the US-to-Europe banking crisis Gold has a path to a new record high above $2,073, but profit-taking likely first In oil, WTI could go beneath $60 without a rebound,...

Given the second and third largest bank collapse in US history occurred in the last week it is somewhat surprising stock indexes across the US haven’t tanked. With SVB falling over and its tech...

Given how benchmark crude prices have tumbled recently, jitters in the oil market will run high for a while longer. Crude Oil WTI Futures is hovering around US$65-70/bbl, compared to $80 at the...

After a bearish inventory announcement last Thursday, a slight increase in the U.S. Baker Hughes Total Rig count from 746 to 754 last week added one more leg to the bearish sentiments. Natural gas...

Recent drop in oil prices was not due to supply and demand, but rather to the actions of investment banks, particularly Credit Suisse Banks are an essential component of the oil trade, providing...

The directors of First Republic Bank (NYSE:FRC) have the luck of the Irish behind them as they seem to have found a pot o’ gold at the end of the rainbow. The biggest U.S. banks stepped in and...