Commodities Analysis & Opinion

PMIs a big positive for oilIt’s not just equities lifted by Chinese PMIs, oil is also rallying today on the prospect of a stronger Chinese recovery and resilient global demand. While this was...

Higher for longer hurts precious metals in the near term as the market discounts tighter policy and higher real rates. However, higher for longer could bring rate cuts and policy easing much sooner...

Gold prices increased on Tuesday, with the spot price XAU/USD gaining for second consecutive day after the greenback weakened across the board following a series of economic releases in Europe and the...

It’s usually impossible to tell exactly why a given market is going to move in a certain direction. It can rally based on all sorts of reasons, but all those reasons (news, reports,...

Gold continues to test the bottom and today fell back below $1810. Since the beginning of February, the dynamics suggest an almost perfect reversal of the uptrend, where the initial sharp pullback on...

After rallying Sept. to Dec., silver lost 13% in Feb. in worst month since 2020 Charts suggest a break below key $20 support next, stopping at $18.80 The dollar’s resurgence could complicate...

Choppy trade ahead?Oil prices remain very choppy, with gains today largely offsetting losses at the start of the week. We may have to wait for more hard-hitting economic data next week before we see...

Since my Feb. 23 piece, natural gas futures have continued to maintain an uptrend amid supportive weather in favor of bulls, despite heavy selling pressure.Reasons behind this reversal in natural gas...

Global oil markets are having a hard time determining whether they should worry about the economy. Is it too hot or too cold? Red-hot inflation data in the U.S. sent the stock market tumbling and...

Oil remains stubbornly stuck in a sideways range despite the dollar's rally and other risk assets' retreat over the past week and a half, with weekly production and commercial inventory data painting...

Oil longs may have to wait longer for affirmation of Chinese demand pickup China’s NBS Manufacturing PMI, due Wednesday, could be mixed  China may face challenges in turbocharging its...

Crude Oil WTI Futures is balancing in ominous weakness territory on the daily charts but will need to close below $70-$72 to confirm lower targets. Original Post

Crude oil prices continued to rise after reports from the financial press suggested a larger-than-expected drop in Russian production.The two global crude benchmarks are still enjoying momentum that...

Gold is extending its decline on Monday, brushing a two-month low of 1,806.45 and testing the bottom of the Ichimoku cloud. The momentum indicators point to further losses in the near term. The RSI...