Commodity Analysis & Comment

Oil and gas companies are posting their third quarter earnings this week and next. So far, the results are varied despite dismal market sentiment on demand growth and generally low oil prices. BP...

Some think it’ll happen in a matter of weeks, or before the year-end. Others are willing to give it until 2020.But most appear to agree on one thing: It’s a matter of when, not if, for...

Is U.S. crude oil production really at record highs? Or is the EIA’s estimate out-of-whack with what’s happening on the ground, especially with the collapse in oil drilling rigs that...

Sitting pretty—at least for now—on their $1,500 perch, gold punters seem convinced about what the Federal Reserve will do on Wednesday. Expectations for a third straight U.S. rate cut are...

It was just what grains markets seemed to have waited for months: China, China, and more China. And when people familiar with China's grains demand indicated on Wednesday—albeit through...

OPEC chatter still has some ability to rally oil prices⁠—at least temporarily. The market proved this when WTI surged 1.6% and Brent gained 1% on the morning of Oct. 22 after Reuter...

British premier Boris Johnson’s do-or-die move on Brexit adds new dread for oil longs this week, along with uncertainties over China’s economic growth and talk of Russia missing OPEC...

If there’s one season in the calendar that oil bulls wish would just go away, it must be the season for refinery maintenance. Refiners typically shutter their plants during spring and fall for...

It’s odd but both the bulls and bears in natural gas might detest the market right now. However, after four weeks in the red, gas futures on the New York Mercantile Exchange’s Henry Hub...

Gold is back to flirting with $1,500, with futures crossing that territory and bowing out before Monday’s settlement in New York. Bullion, meanwhile, has parked itself within striking distance...

The United States said on Friday it has reached a tariffs “pause” with China. At this point, we need to hit the rewind button to go back to December 2018 to see what happened after...

As this week began, we warned that the macro picture might completely hijack the oil and gold markets, leaving both at the vagaries of U.S.-China talks and rate cut speculation. Given that these have...

Ecuador recently announced it intends to leave OPEC at the start of 2020. As the South American country is the fourth smallest producer in OPEC—it produces about 540,000 barrels per day at the...