
Please try another search
Commodities prices have rallied sharply higher into 2021, lead recently by energy and grains. Today, we focus in on one universally important commodity: Crude oil. As you know, crude oil is heavily...
Oil prices are back on the rise as the market realizes that the fundamentals of the oil market are signaling tight markets and higher prices. The Monday oil dip came as speculators piled into the...
Gold remained inert to U.S. President Joseph Biden’s large and hazardous economic plan, and ended up dropping below $1,700 yesterday.President Biden’s $1.9 trillion COVID-19 stimulus is...
WTI Crude holding below the 500 week moving average & also the 2019 high at 6630/60 is a sell signal. I would suggest selling a recovery with resistance at 6580/6600. If we unexpectedly continue...
Crude oil prices corrected from recent high of $67.98 yesterday and currently holding the grounds near $65.39 on profit booking after a big rally from recent lows of $59.24 as on Mar....
Natural gas prices for the month of April are trading near $2.653, marginally lower from previous closing on mixed weather outlook for US which is likely to reduce heating demand and negative for...
Crude oil moved back to the highs recently after OPEC+ countries agreed to extend the majority of production cuts through April. In fact, demand may increase as global lockdown restrictions are...
We start this update with the latest version of Larry’s amazing gold chart. As Larry states…“Gold touched $1683.00 on Friday. Real close to touching the phantom outside possibility...
If there’s one chart that succinctly shows how rotten gold has been versus Bitcoin, it’s this one:Since August 6th, the “store of value”, and the “only true...
US energy policy shifts- Less output on the horizon Nearby NYMEX crude oil futures rise to a new high and break out to the upside Higher lows in natural gas Crude oil production declines in the US-...
A tight oil market saw crude prices jump after Yemen’s Houthi rebels launched ballistic missiles and drones at an Aramco (SE:2222) oil facility in eastern Saudi Arabia on Sunday. Despite no...
Like many, I am probably a closet gold bug as my heart would suggest that gold, when viewed from any perspective should rise. However, from a trading perspective, my head rules my heart and the...
At the start of a new trading week, it’s time to check in on some of my regular market analysis. I thought I would start with oil, which has reached an interesting inflection point. What follows...
US natural gas futures slipped almost 2% to a fresh five-week low on Monday on forecasts for mild weather through late March.The fall came despite forecasts for higher-than-expected demand over the...
An attempted drone strike on Saudi Arabia’s Ras Tanura export terminal was thwarted when Saudi Arabian forces shot down the drown but it was enough to give the oil an incredible...