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Crude Oil is on track to record its 11th weekly gain in the past 13 weeks as Morgan Stanley hiked the price forecast for 2023 and 2024. Oil prices continued to advance on Friday, closing in on...
Russian leader eager to use oil supply, price to hurt Biden and other rivals Joined by the Saudis, Putin's plan has greater odds of success in a cold winter Those targeted may only...
As Brent crude edges closer to the symbolic threshold of $100 per barrel, nations and industries worldwide are bracing for the impact.The surge to nearly $95 this week marks a 10-month high due to a...
Stalled maintenance on NGPL pipeline snaps 2-day gas rally Trade expects production to swell now to above 100 bcf/d, aided by benign weather Despite output spike and weather outlook, gas storage was...
The price of gold is trading just off its all-time high while the price of silver is lagging. Together, they haven’t quite provided mining equities the boost they need to outperform the broad...
Crude oil prices were retreating in the last two days ahead of the FOMC decision The prices now trade about 3.5% lower than the highs printed on Tuesday morning Several industry officials have noted...
Oil prices have been rising to multi-month highs recently on tightening supply and recent production cuts by Saudi Arabia and Russia. As a result, Chevron (NYSE:CVX) CEO expects prices to exceed...
Top base metal remains super sensitive to gyrations in China’s property market Copper needs weekly close above $4/lb to sustain a breakout, charts show Slide below $3.70 could take it all...
China’s Banking Stimulus Round 2 doesn’t look different at all from Round 1 Estimated freed-up 500 bln yuan nowhere enough for China’s woes - analysts But commodities front-run the...
Gas prices up relatively little over past week, less than 9%, despite all that’s going on Mid-$2 support strong, next levels seen at between $2.80 and above $3 Weekly gas build likely to...
Oil prices are on the rise once again. US crude managed to break above a key resistance back in late August and has been steadily making its way towards the $90 mark, with Brent crude...
The oil market rallied yesterday on the back of a constructive OPEC report. Today, all attention will be on the IEA’s monthly oil report and whether the agency shares the same view as OPECEnergy...
The USDA’s latest monthly WASDE report was constructive for wheat as adverse weather in Australia, Canada and the EU is expected to tighten global supply. However, the release was more bearish...
Record shortages are expected in the platinum market Meanwhile, the US Department of Defense has committed to increasing nickel supply Palladium prices are at their lowest since 2018 The year 2023 has...
Core CPI seen at 4.3% year over year, slower than July’s 4.7% growth Headline CPI growth could drive Dollar Index to 105, gold below $1,900 If headline inflation comes in weaker, Dollar Index...