Commodities Analysis & Opinion

Hedge funds cut their bullish bets on Brent crude by 13,456 contracts during the week ending November 12, according to fresh data from the ICE Europe Exchange. The net exposure of 89,088 contracts is...

Chart 1: Commodities performance has been subpar since May 2011Commodities have been under-performing for a while now, with the official index peakin in May 2011. Annualised performance into July 2012...

Gold eased early Tuesday following the sharp slide that took prices again near its lowest level in four weeks amid growing uncertainty about the Federal Reserve's stimulus outlook.The sell-off in gold...

Crude oil fell for another day on Tuesday as concerns about the possible tightening of monetary policy in the United States were renewed, offsetting support from continuing oil supply disruption in...

Beyond third-quarter resultsTransAtlantic Petroleum Ltd, (TAT) has reported Q313 net production of 4,076boe/d which comes in lower year-on-year and slightly below our expectations. We are lowering our...

WTI Crude unable to reach 9445 in a near 3 month bear trend and as expected we saw lower prices at the start of the week. Immediate resistance at 9320 and below here keeps the market under pressure...

CLCrude fell after Federal Reserve Bank of New York President William C. Dudley said he’s “getting more hopeful” about the U.S. economy, signaling that the central bank may reduce...

Background As a bull on both gold and silver I do expect that this sector will shine once again, hopefully in the not too distant future. However we are still of the opinion that this gold bull market...

Demand for gold bars, coins and jewelry increased to multiyear highs in the first half of 2013, but was offset by outflows from exchange-traded funds, according to the World Gold Council, which...

If it was not for Barrick’s (ABX) and Newmont’s (NEM) Nevada mines they would probably be bankrupt by now. The infrastructure, stability and experienced local labor force in Nevada makes...

Silver just hovering below resistance at 2090. A break above 2090 is possible today & targets 2105, possibly trend line resistance at 2115 to exit any longs. If we continue higher look for a...

It will take more than President Obama’s visit to an Ohio Steel plant owned by the firm for ArcelorMittal’s fortunes to be revived.The steel company came out with an upbeat report after...

It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular and Premium are both up by three cents. However, Regular and...

A couple weeks ago I posted these same charts talking about the pending breakout (in either direction) with silver, gold and mining stocks. Fast forwarding to this week it's clear this sector...