Commodities Analysis & Opinion

Oil markets recoverOil rallied strongly overnight, with the corrective culling of speculative long positioning appearing to have run its course for now. With markets shrugging off the histrionics in...

As we approach the new year, much of the oil markets' attention has been on coronavirus developments, OPEC+ debates, holiday travel forecasts and U.S. politics. But there are other major players in...

To the longs in natural gas, Santa’s sleigh seems to have just whizzed past this year, without making a pit stop to deliver gifts at the Henry Hub.Hopes of pre-Christmas cheer for gas bulls were...

In many ways, most of us can’t wait to put 2020 behind us and call it last year.We’ve experienced a once-a-century global pandemic, infecting almost 80 million people. Lockdowns caused...

After four corrective months and a final bloodbath towards the end of November, it looks as if the low is in! gold – The bull market continues.ReviewOn August 7th, the price of gold hit a new...

Oil’s retreat continuesThe repricing of the Covid-19 reality in the world continued unabated in oil markets overnight, with US API Crude Inventories showing a surprise climb, and adding to the...

A bullish crossover is about to be completed in the Natural Gas Futures chart on the daily time frame. This could result in an eruptive move above $3 before the announcement of weekly inventory on...

Most of the time during a bull market the short, intermediate and long term charts are pretty much in sync even during a consolidation phase. Consolidation patterns are needed to bring the overbought...

Volatility is back. The VIX, often referred to as the “fear gauge,” has been on the rise since the market's November low, providing a negative divergence to stock prices which just keep...

Oil prices are slipping into the holiday as a new strain of Covid 19 is overshadowing a relief package that Congress finally passed and concern that Russia is getting trigger happy on increasing oil...

Fed Chair Jerome Powell sounded dovish during his press conference on December 16, where he gave a market update after the Fed’s monetary policy meeting. The Fed will remain accommodative for a...

Speculative long-oil positions get culledBrent crude and WTI endured a torrid session overnight, with both falling by over 5.0% intra-day at one stage as panicked investors headed for the...

The approach of the Christmas weekend and New Year holidays are accompanied by a fall in market liquidity making them more sensitive to any news. It looks like we risk a correction this year after a...

Two weeks ago, I wondered aloud on this forum if silver would get to $26 an ounce if gold reaches $1,900.Well, gold did breach $1,911 but that lasted about 2 hours in all, in an epic fail of a rally...