Commodities Analysis & Opinion

WTI crude oil traded lower on Wednesday after hitting resistance at the round figure of 70.00. However, the slide was stopped near the 65.25 area, and then, WTI rebounded somewhat. Overall, the black...

Oil markets plummeted last Friday, pressured by pandemic headlines out of South Africa. Local doctors in Botswana announced late last week they'd detected a new coronavirus strain—dubbed the...

The latest CFTC COT institutional positioning report shows that oil traders cut their net long positions again last week, with the total upside position now sitting around one-year lows. The sell-off...

Two weeks ago, I asked this pertinent question in my column on natural gas: Could it hit mid-$4 or below, before the cold really arrives in the United States?At the time of my muse, the spot...

By Osama RizviOil prices plunged on the back of the discovery of a new COVID variant, but Omicron isn’t the only bearish factor in today’s oil markets The resurgence of tensions between...

Drillers have focused on completing DUCs during the last couple of months Completion of DUCs has largely helped the record cash flows of the shale patch this year Shale drillers will have to boost...

Type: Bearish reversalKey Levels: Resistance: 69.834, pivot: 68.48, and support: 64.678 Preferred Case: Oil WTI prices are consolidating in a parallel channel. We see the potential for...

You see a commodity going down, then it reverses and starts teasing you with an upward move, only to end up declining further. Is this the case now?I started my analysis yesterday with a question that...

Fed Chair Jerome Powell testified before Congress on Tuesday and among other things said inflation is a bigger problem than the central bank had admitted until now. He added that it's now appropriate...

To most gold bulls, what Jerome Powell suggested would be the last thing they’d have expected from the Fed chair: A faster taper of the pandemic-era stimulus that the central bank has...

Floating liquefied natural gas (FLNG) technology is back as surging natural gas prices and a focus on a coal-to-gas switch in the world’s key gas import market, Asia, seem to have renewed demand...

By Alex KimaniLow costs have long since been a major driving force of the clean energy boom. Rising prices of the commodities needed for renewable energy are increasing the costs of setting up new...

By Tom KoolOil prices witnessed their biggest day-on-day loss in 18 months on Friday, with WTI falling a whopping $10.2 per barrel to the low $70s as Omicron fears sent ripples across markets. The WTI...

Let’s start today’s analysis with a question that I just received: "Now that gold, silver and the miners are oversold, what kind of a bounce do you expect? Why not take profits and...