Commodities Analysis & Opinion

Do not forsake me, oh my darlin’! It’s high noon in the global energy market! Not only do we have the International Energy Agency (IEA) predicting record global demand this year, but we are also...

National heat advisory sees massive sweltering weather this week Benchmark gas futures meanwhile stay in range under $2.70 Talk on market is that major August heat also needed to avert storage...

Gasoline prices in the U.S. remain steady at $3.50 per gallon despite typical summer fluctuations Lower global oil demand, higher interest rates, and Saudi Production cuts offset each other, keeping...

The advance-decline line as of the start of the week was showing a positive divergence. There was a similar positive divergence in the advance-decline line at the October 2022 and March 2023 lows in...

The prospect of a soft landing lifts oil prices Rally builds on efforts by Russia and Saudi Arabia to boost prices A break of $80 could be another big step Oil prices have been understandably lifted...

Recent range highs broken after CPI release Lower inflation could increase gold’s appeal One more rate hike expected from the Fed The US inflation data gave gold just the boost it needed to...

Crude oil has rallied more than 10% from the lows two weeks ago. The price of a barrel of Brent rose above $79.50 on Wednesday, its highest level since early May. But the easy part of the journey for...

Gold: We do have a 2-month bear trend after the potential triple top pattern on the weekly chart, but in the short term, we are breaking higher from the declining wedge pattern on the daily chart -...

Gold appears to have found some support again in recent days after rebounding twice at around $1,900. The US jobs report was one possible risk event that could have triggered a big move in gold, one...

Brent hits one-month high Saudi and Russian cuts supporting recent moves Major barriers of resistance above Oil prices are a little flat today after paring earlier gains. Brent hit a one-month high on...

On the heels of the CPI report out first thing July 12 and because of El Nino, West Africa expects to see lower average rainfall and higher. West Africa is the main coca grower. The growing season...

For the past two weeks, US interest rates have rocketed higher…yet gold has basically traded sideways. This is one of many signs of underlying strength in the gold market.  The stunning “rates and...

While oil prices fight short term battles over the impact of rising interest rates and a potential recession, they are ignoring larger issues surrounding a growing structural shortage that is becoming...

Since the last hawkish move by the Federal Reserve on Jun 13-14, Gold Futures witnessed a sell-off after facing stiff resistance at $1,970 and continued to slide to hit a low at $1,900 on June 29,...