Commodities Analysis & Opinion

Oil prices took a big drop on reports that Saudi Arabia had a change of heart regarding whether or not they would raise oil production to offset a drop in Russian oil output. Last night the FT...

While most of the traders were expecting the natural gas futures to slide further after a breakdown below $8.590 on May 31 but I could feel the thick presence of big bulls below $8.2 as I openly came...

Crude oil is down for a third consecutive day, having lost more than 2% earlier on Biden’s comments that the West might agree to buy Russian oil at a discount instead of an embargo.In addition,...

WTI oil futures are trading slightly above the 112.00 price level following a bearish pullback off a recorded twelve-week high, just shy of the 120.00 barrier in which the three-week rally stretched...

The big news for oil markets this week is that the European Union agreed to a partial ban on Russian oil. Oil prices rose in response to the announcement—though they've since moved a bit...

What will this summer bring in terms of natural gas fills?With US gas storage persistently below five-year averages from either lower-than-expected production, inclement weather, or Europe’s...

OPEC's technical panel has cut the oil demand forecast by 200,000 bpd for 2022. OPEC now sees global demand grow by 3.4 million bpd this year. OPEC+ is not expected to significantly raise its...

There appears to be no end in sight for the current fuel supply crisis, with summer demand set to spike while refineries run at an unsustainable rate. While refineries have the ability to bring more...

It was a huge risk-off day on the corn front due to the EU talks with Russia to open a corridor for Ukraine’sUkraine’s corn and wheat exports. Russia would oblige if sanctions were lifted,...

The EU got its to act together and finally came up with a plan to ban Russian oil and, more importantly, make it illegal to ensure tankers carrying Russian crude, but it was not enough to keep oil...

Some analogies in the gold market that may be a hint for investors can be seen right now. If there's a 2008 rerun, what could that mean in the near term?The precious metals market declined yesterday,...

Gold prices are back on the defensive these days as the pressure reemerged after a short-lived consolidation. The metal encountered local resistance at around $1,870 last week and has been mostly...

Gold has shed its position for the second day in a row, losing more than 1% during that time, and that might be just the beginning of a new downside wave, which will potentially take the price down to...

Early this week, the EU finally agreed to a 90% reduction in usage of Russian oil by the end of the year. The move caused a big surge in oil prices, with Brent almost hitting $120 again. Experts now...