Commodities Analysis & Opinion

Last time when prices at the pump were so low—about four years ago—it was heaven for drivers. Now, with lockdowns across most states, it is anything but: gasoline may indeed be cheap, but...

Oil and gas production in the United States has peaked and is already in decline.The latest data from the EIA’s Drilling Productivity Report sees widespread production declines across all major...

Crude oil: No bottom yet Original Post

The levels that were support to the natural gas rally have turned to resistance. Original Post

Silver has to take on the highest fibo next. The pullback trendline is just below. Original Post

Gold uptrend line still intact on the hourly chart. Original Post

The gold futures contract extended its uptrend on Monday, as it gained 0.49%. The market broke above its short-term consolidation and it reached new medium-term highs above $1,700 level.Yesterday, it...

XAU/USD traded higher yesterday, breaking above the peak of March 9, at 1704, that way reaching a new 8-year high. The precious metal has been printing higher highs and higher lows above an upside...

The largest banks in the United States are preparing to seize the assets of shale companies across the West Texas Permian Basin. What was once the epicenter of the U.S. shale revolution is now ground...

“The historic agreement that we saw…is only 10 mb/d. But that is only half of the story,” U.S. Secretary of Energy Dan Brouillette said on Fox Business. “When you add up all...

I am lowering the bar for crude oil bulls even more. If they want to accomplish anything, they need to push this market above the line shown on the chart. Original Post

Our Adaptive Fibonacci Price Modeling system incorporates an intelligent “Inference Engine” into internal decision-making and future analysis. This type of “Adaptive Learning”...

Mirroring the likely path of a post-COVID-19 economic recovery, traders are gradually filtering back to their desks after a long holiday weekend. With volumes running far lower than usual and many...

Silver rally still has legs. Original Post