Commodities Analysis & Opinion

U.S. oil and gas supermajors have come under plenty of flak during the ongoing oil price rout, with some blaming them for the oil price collapse for stubbornly refusing to lower production while...

If the carnage that took place in the U.S. shale oil patch during the first quarter of 2020 is any indication of the financial health of the industry, just wait until the second-quarter results are...

Oil demand may not recover to pre-pandemic levels until 2022 at the earliest, according to a new report from the International Energy Agency (IEA).The surplus of crude oil sloshing around the world...

After peaking in 2011, TR/CoreCommodity CRB Total Return Index has traded in a tight declining trend channel. The falling trend channel is marked by each (1). As you can see, price recently fell...

US CPI declined 0.1%in May, following a 0.8% drop in April. The decrease was mainly driven by decreases in energy, transportation and apparel prices. Core CPI also declined 0.1%, following a 0.4% drop...

While the International Energy Agency (IEA) is grabbing headlines by saying that the global demand for oil might not recover until 2022, the news in the monthly report is not all bad. The report...

COVID-19 has caused countless supply and demand disruptions across the globe.It appears the coronavirus has caused a demand hit to one commodity in particular that not even doctors and governments...

Like two forces converging from the opposing ends of a spectrum, a court ruling for a Virginia-North Carolina pipeline and the looming bankruptcy of Chesapeake Energy (NYSE:CHK) drew the natural gas...

“Too much of a good thing.” We’ve all heard what it can lead to, and now the longs in crude are feeling it too. The oil rally has overstayed its welcome after six weeks of gains, and...

The Gold Futures contract lost 0.14% on Friday, as it remained within its Thursday’s daily trading range. The price broke above $1,750 mark once again before closing below that resistance...

A wave of selling of oil and stocks on fears of a second wave of the coronavirus permeated trading. The market is pricing in the odds of another lock-down of global economies, thereby taking away...

It seems that global stock markets have disconnected from the fundamental reality. They have been rising since the end of March despite the collapsing economies and soaring unemployment. Why? And what...

Levels are now in play on the daily chart for WTI futures with two in particular helping to define and shape the technical picture as the outlook for oil in the longer term remains bullish despite the...

Oil prices headed south over the last week and this morning as concerns of a second wave of COVID19 resurfaced. In the United States, the confirmed number of coronavirus cases exceeded the 2 million...