Commodities Analysis & Opinion

There were a lot of superlatives in the Energy Information Administration (EIA) Status report this week. The EIA reported that U.S. crude exports hit a record high. On the other hand, net crude...

The relationship between the White House and Saudi leadership has soured tremendously since OPEC+, led by Saudi Arabia, decided to cut oil production against the Biden Administration’s wishes....

Henry Hub’s front-month back at above $6 after 4 weeks below that key level Market trapped between resistance of $6.28 and support of $5.80, charts show US storage likely grew by...

Crude oil prices moved higher yesterday after the Energy Information Administration reported a crude oil inventory increase of 2.6 million barrels for the week ending October 21.This compared with a...

Collective profits of oil majors for Q2 at $50.7 billion Big oil firms are expected to earn less than in the blockbuster quarter Strong earnings will re-ignite the public debate around windfall...

Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins us to outline why he thinks gold and gold stocks could have put in a major bottom over the past 2 months. He shares some of the technical...

The Federal Reserve’s preferred yield spread, the 3-month to 10-year yield inverted yesterday. In the last 55 years there have been 8 previous inversions and 8 recessions. This yield spread is...

It is kind of a sad day when Saudi Arabia is the country speaking the truth about the global energy crisis when we here at home continue to disparage the U.S. oil and gas industry and live in a green...

Cocoa prices have pulled away from 3-½ year lows despite recession risk Current $2,290/tonne price compares with March 2018 low of beneath $2,200 Friendly weather, abundant supply and growing...

Gold prices advanced on Tuesday, reversing some of Monday's losses. The dollar weakened across the board during the New York session, weighed by lower U.S. yields as investors brace for the major...

The drain game continues as it is reported that the Strategic Petroleum Reserve released yet another 3.4 million barrels last week to lower supplies to 401.7, the lowest level since the 1980s. Yet,...

In another example of market unpredictability, wheat futures are being hammered. The Russian invasion of Ukraine exasperated a supply shortage caused by coronavirus lockdowns. Russia and Ukraine are...

The root of Europe’s energy crisis is under-investment or outright dis-investment in nuclear energy and natural gas production/storage/transportation combined with over-reliance on intermittent...