Commodities Analysis & Opinion

Natural Gas is clearly weak. A double top was made at $10. The total capitulation would be in the $5 area but we are not there. Trying to call a bottom here is like catching a falling knife.However,...

Gold is jut one support away from its 2 1/2 years lows. In the hourly chart, the price is contained within a smooth downtrend channel. The story will be reversed by closing above $1,735. Original...

Silver is challenging the lowest fib-support of its full post-pandemic up and down move. Original Post

On Wednesday, data showed producer prices increased more than expected in September in another hot inflation reading which boosted bets of more jumbo-sized interest rate hikes by the Federal...

Biden and the democrats can be angry at OPEC-Plus all they want, but when it comes to an undersupplied global oil market, they really have no one to blame but themselves. Supporting Biden’s...

Fresh inflation data is to be released tomorrow. While it may trigger daily fluctuations, the precious metals’ medium-term fundamentals remain bearish.Stuck In ReverseWhile risk assets attempted...

IMF recession risk warning pushed oil prices down on Tuesday Shanghai and Shenzhen increased Covid-19 testing efforts WTI has fallen back below $90 on the slew of bearish news Oil prices slipped...

By Michael KernIn September, OPEC+ oil production hit levels not seen since Saudi-Russia oil price war Despite rising production, group remained 3.6 million bpd below its output quota Last week,...

Considering the surging US Dollar and the sharp rise in the real TIPS 10-year yield (which according to studies is the best correlation gold performance) gold has held up better than expected....

Raw sugar up 4 weeks in a row, in its best showing in 18 months Ethanol demand supportive, despite tax fuel cuts by top sugar grower Brazil This week’s crude price slide and US-Saudi troubles...

Gold prices tread water on Tuesday following four consecutive daily losses as the dollar’s rally lost its steam amid retreating U.S. Treasury yields.Spot gold, XAU/USD, is currently trading at...

Democrat Senate Foreign Relations Committee Bob Menendez called on Monday for a “freeze” on cooperation with Saudi Arabia, and Democrat Senator Dick Durbin is outraged that OPEC would dare...

Oil prices jumped by nearly $10 per barrel last week Large jump was followed by a slight pullback in oil prices as traders took profits Sentiment is decidedly bullish and banks are betting on...

Saudi Arabia’s latest move to cut crude oil production Immediate impact on crude oil prices was not as dramatic as some had feared White House National Security Advisor has changed his tone...