Commodities Analysis & Opinion

Crude oil prices remained elevated Wednesday after the U.S. Energy Information Administration reported crude oil inventories had shed 2.6 million barrels in the week ending Feb. 25.This compared with...

By Charles KennedyRussian oil and gas giants on the LSE have seen their stock prices implode following the Russian invasion of Ukraine. Shares in Rosneft, Gazprom (MCX:GAZP), Lukoil, and...

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to review the technical levels he’s watching to confirm the breakout in gold in the short to medium-term, and the very bullish...

With more geopolitical-related re-positioning stealing the spotlight on Mar. 1, Brent and WTI surged, and the PMs spiked higher as well. However, while the short-term implications haven’t been...

Further to my post of February 25, WTI Crude Oil took out price Target 2 (111.00-112.00) yesterday, after blowing through Target 1 (100.00) on Tuesday.It was trading above that level at 113.44, and...

OPEC+ displays little appetite for lower pricesOil prices were surging once again Wednesday and topped USD 110 as reports of disruptions to Russian exports as a result of the sanctions emerge. This...

Below is our April crude oil analysis. The green lines indicate strength or weakness in the market. First, we examine the weekly chart at the bottom of the chart. When the Green Line moves above the...

The importance of Russia to oil markets Russia is a key player in global oil markets. Oil output in 2021 averaged 10.52MMbbls/d, making it the third-largest producer, behind only the US and Saudi...

Brent crude prices have jumped 13% since the start of the week, trading above $110 a barrel at the time of writing. These are the highest levels since July 2014.Meanwhile, the ruble continues to...

It’s one of those industrial metals that typically doesn’t get as much press as, say copper, aluminum or  palladium.Yet, nickel should be getting more headlines now for two...

Oil soars as sanctions bite and the conflict intensifiesOil prices were surging once more as the conflict in Ukraine intensifies, the West continued to impose severe sanctions and companies turned...

The stock market has had three major breakouts in the past century, which all gave way to massive bull markets. These breakouts coincided with major peaks in gold and commodities.The huge moves in...

As you debate whether to take funds from your underperforming altcoins and place them in gold miners or ETFs, you take a look at the latest Bitcoin chart and decide against it. So you freeze. What to...

OilEnergy traders shrugged off the EIA announcement that 60-million barrels of crude will be released. Crude prices can’t stop going higher as a very tight oil market will likely see further...