Commodities Analysis & Opinion

Although gold barely reacted to the July FOMC minutes, the Fed worries about an economic slowdown. That bodes well for the yellow metal’s long-term outlook. Yesterday (August 17, 2022), the FOMC...

History rhymes as people tend to react similarly to similar price changes. What we see in gold right now is a repeat of almost a decade ago.Gold is performing just as in 2013, and it has extremely...

Talk of a global recession may prompt a broad decline in Crude oil prices as the excesses of the past 10+ years unwind. This unwinding process pushed to the forefront for traders and investors has...

The good news is that according to the Energy Information Administration (EIA), petroleum demand in the United States is a lot stronger than they suggested just a couple of weeks ago. The bad news is...

The US saw large oil inventory declines over the last week. However, commodities are still struggling to find direction. A number of markets are trying to balance weaker demand with growing supply...

As the summer comes to a close, oil traders should start paying close attention to the European energy situation. Even though most of the concern is with natural gas availability and price, the oil...

Oil prices are treading water following Wednesday’s rally which came on the back of the EIA inventory data. The surprising and substantial drawdown alongside record crude exports provided a...

Very little happened in the precious metals sector yesterday, and practically everything that I wrote yesterday and in Monday’s flagship analysis remains up-to-date.Let’s start with a...

Gold prices trimmed intraday losses during the New York session yesterday following the release of the Federal Reserve's latest meeting minutes. Spot gold, XAU/USD, jumped from a two-week low of...

Oil Rises On EIA Surplus Crude oil prices rose after the EIA report posted a surprisingly large draw. US stockpiles plunged by 7.1 million barrels last week, much more than consensus estimate draw...

The recent movement of natural gas on the daily chart indicate the final attempt by the bulls to try to test the recent $9.665 on June 8, 2022, but found it difficult to breathe here amid growing fear...

Despite oil prices plunging to a six-month low, a stark warning from the OPEC Secretary-General Haitham Al-Ghais that the stability of supply is on thin ice should start getting the market back to a...

European natural gas prices continue to strengthen, which is having an impact on industrial output in the region. Yesterday, yet another metal smelter in Europe announced that it would halt production...

EU attempting to revive Iran nuclear deal with market staying pessimistic  Crude prices could rebound from oversold conditions but stay off 2022 highs Both Iran, US likely looking for 'win' or...