Commodities Analysis & Opinion

Omicron gave gold a boost, but business confidence remains high for the next twelve months, which means the USD’s prospects look good, and precious metals will have to find new low...

The UK power regulator approved a 54% increase for prices starting on Apr. 1. This follows the 12% price jump households saw in October. UK energy companies can now pass along the rise in natural gas...

In our gold chartbook from Jan. 20, we assumed that gold should have some more upside potential given the favorable seasonality until the end of February. So far, gold indeed managed to climb higher...

The price of gold has been moving sideways-to-lower for months now.But this consolidation is nearing a potential inflection point. Today’s chart 2-pack highlights the long-term relationship...

Oil prices are softening a little again today, as they continue to struggle around the $90 level. This comes even as OPEC+ refused to be pressured into raising output faster in March – or...

Gold didn’t shine in January. The struggle could continue, although the more distant future looks more optimistic for the yellow metal.That was quick! January has already ended. Welcome to...

As unpopular it may be, I cannot alter the truth as I see it. Marketing is fine, but never at the expense of truth, as with much financial media/analysis (with little disclaimers tucked in below the...

Crude oil keeps moving higher in the 4-hour chart as expected, but we see it now trading in wave "v" of C/3 approaching important target/resistance around the $89-$90 area. From here, we should be...

OPEC+ set a record on Wednesday, Feb. 2 for the shortest meeting it has ever held.Within the span of 16 minutes, the group reviewed technical reports on the state of the oil market and voted...

Remember last year’s ‘Texas Freeze’?Well we haven’t had another one yet, but we might be getting close to it. And the natural gas trade is responding accordingly.Gas futures on...

By Alex KimaniBullish Wall Streets banks see supply deficits in 2022, while OPEC, the IEA and the DoE are forecasting surpluses. Standard Chartered (OTC:SCBFF) says a surge in U.S. oil output in...

By Charles KennedyEarlier this month, the Energy Information Administration reported that oil output in the Permian shale play had hit a record, and it was going to continue growing. And now, the two...

Many times in your life, you have probably observed or experienced the accuracy of the saying that while two dogs are fighting for a bone, a third runs away with it.It can be said that gold is taking...

Talk of triple-digit oil not going away soonOil prices were a little flat on Wednesday after OPEC+ backed plans to boost output by 400,000 barrels again in March, following some rumors that the group...