Commodities Analysis & Opinion

Oil prices are a little lower again today after tumbling a day earlier on the back of a surprise surge in inventories. The 4.5 million barrel increase in stocks caught the market off guard, with...

As we hit the slow days of summer, here are three important issues that should be on every oil trader’s radar.1. Yesterday’s OPEC+ MeetingThe OPEC+ group met virtually on Wednesday and, as...

US gas futures face bearish pressure as output rises, summer heat wanes $8.50 could be a resistance; with a break beneath $7.50 opening the door to $6.50 Freeport stays a factor, though a faster...

Yesterday was a a topsy-turvy day in the oil market as traders weighed conflicting news on supply.First, traders were expecting a modest increase of 100k-400k barrels per day (bpd) to OPEC’s...

Gold price extended the previous day's rebound from the 38.2% Fibonacci retracement of the June-July downturn, around $1,755, amid a firmer RSI line.The recovery moves, however, need validation from...

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us for a discussion on what key macro factors or trends he is watching to inform Fed policy, and how that create an environment where the...

It’s hard to believe that even after dramatically outperforming the broad stock market for almost two years now, energy stocks still trade at a massive discount. In that context, however,...

The one and only thing that saved my bacon on Wednesday was energy stocks. I’m pleased to say I think more crumbling is on the way, thanks to crude oil: Here are...

Oil Hovers Around $100 After OPEC+ Decision Oil prices are a little higher after OPEC+ reportedly agreed to increase output targets by 100,000 barrels per day in September. The move fell in line...

Today is the day we will determine whether Biden’s trip to the Middle East and his fist bump with Saudi Crown Prince bin Salman will bear fruit or oil. He used a lot of political capital,...

Let’s start today’s analysis with a question that just hit our inbox, as it provides a good intro to today’s technical discussion: Q: I really appreciate your services and technical...

Trade awaits OPEC+ output decision but US jobs report could matter more   No concession on Fed rate hikes if nonfarm payrolls remain strong Higher rates will feed dollar strength, another...

Oil majors are breaking revenue and cash flow records in blockbuster earnings season. Many midcap crude companies are also beating earnings expectations. Several midcaps remain undervalued compared to...

EU has made headway in buying gas from Norway, Algeria and Azerbaijan Will not be enough to offset all of the lost Russian gas deliveries Gas consumption reduction remains a key pillar in EU...