Commodities Analysis & Opinion

Oil markets in range-trade mode to end the weekOil prices finished modestly higher yesterday after the US inflation data caused both contracts to spike lower initially. With markets seemingly...

May was certainly a positive month for the yellow metal. Gold could keep its momentum later this year, but a lot depends on the Fed and inflation.We left May in the rearview mirror, and as the chart...

The world is going through a crazy time of futile and stupid gestures.Environmentalists have gone full Animal House in winning a futile and stupid gesture by finally killing for good the Keystone XL...

Oil retreats on US inventoriesOil beat a modest retreat yesterday after US crude inventories fell. Brent crude was almost unchanged at USD72.00 a barrel after giving back intra-day gains, while WTI...

Higher demand and the start of the summer driving season in the US are playing an important role in moving oil prices higher. WTI breached the $70 per barrel mark early on Wednesday, with Brent up to...

As many commodities have continued to climb impressively, one stands out like a sore thumb to me: lumber. What can the price of lumber mean, or more importantly, do for you?Before diving into the...

There are a trillion reasons why OPEC+ wants to drive up prices. Mainly because it had been reported that OPEC+ lost over $1 trillion due to the pandemic. Most OPEC+ producers view it as their...

Analysts all over the globe are forecasting a super cycle for base metals, including copper. Forecasters are predicting that the prices of the red metal will continue to rally in the short-to-medium...

Brent crude oil traded higher on Tuesday, after hitting support near the 70.80 zone. The rebound took the black liquid above the 72.05 barrier, which provided resistance between June 3 and 7, thereby...

Natural gas prices rose on Tuesday but finished off the session highs. The weather is expected to be warmer than normal during the next two weeks, according to NOAA. There are no tropical cyclones...

Gold is trading at $1896 and holding in the limited range from the last two trading sessions following a limited move in the Dollar Index and global bond yields.   Tuesday's global economic data...

Oil prices reverse Monday lossesThe volatility in oil markets is somewhat higher than elsewhere, with Brent crude and WTI powering back to recent highs. Fighting talk from US Secretary of State over...

The stock and currency markets have been weak since the beginning of the week, with little major reason to move in any direction. Active players on stock and FX markets pause to assess the situation,...