Commodities Analysis & Opinion

Crude oil declined quite substantially this week, and it doesn't look that the decline will be over just yet. After a given market clearly moves in a certain direction, corrective moves are bound to...

Oil pares losses but facing resistanceOil is paring losses after breaking through major support on Tuesday, extending losses to more than 15% over the last week or so. WTI has found some reprieve...

Even the oil bears may have been surprised by the crash in crude prices yesterday. The fall, when it finally arrived, was at such a velocity that investors who tried, unsuccessfully, to short the...

Brent oil tumbled again on Tuesday, hitting support near the 39.10 territory. Today, the liquid rebounded, but bearing in mind that the price structure remains of lower highs and lower lows since...

Oil prices suffered a severe pipeline rupture overnight, as a falling stock market dealt a coup de grace to already weak sentiment driven by a supply glut, lower Saudi prices, OPEC+ compliance, and...

It will take three years for global oil demand to rebound to pre-pandemic levels, as jet fuel consumption continues to trend much lower than last year’s levels, according to Bank of America...

RESEARCH HIGHLIGHTS:Breakdown in crude oil sparks talk of sub $30 price targets. Initial support likely near $32 to $33. Predictive modelling suggests deeper price lows may be reached before November...

WTI falls through the bottom end of its trading range Brent rolls from October to November futures Bullish and bearish factors continue to grip the oil market – Inventories and production...

The oil market is saying sayonara to summer, jumping into shoulder season as refiners remain shut down, and the summer driving season has ended. It did not help oil when the Saudis cut the selling...

Gold tests very minor support at 1925/21 this morning but longs here are risky. I favor selling a break lower targeting 1917/15, 1910/09 and perhaps as far as 1902/1898.I would prefer to sell into...

The Gold Futures contract lost 0.18% on Friday, as it continued to fluctuate following Wednesday's decline of over 1.7%. The intraday volatility has been relatively low despite monthly jobs data...

Oil continued to drift lower on holiday-thinned volumes, spooked in part, by Saudi Arabia lowering its crude prices to international customers. The drift lower though, should be taken with a grain of...

The U.S. labor market improved in August, although headlines paint too rosy a picture. What does it all mean for the gold market?Great news for the U.S. labor market: according to the BLS, the...

With crude having had its biggest weekly tumble since June and gold hovering in the lower $1900s, the long-only camp must be fervently hoping for better times in oil and precious metals.For what...