Commodity Analysis & Comment

Gold and silver have had a great month so far. With risk appetite improving noticeably in the last week or so, silver, which is more of a risk-sensitive commodity, has outperformed the yellow...

Western Europe's ban on Russian oil led to changes in the market, with Russia now top oil supplier to India and China Saudi Arabia increased exports to Europe but still bets on China for future...

Natural gas futures movements during March 2023 suggest a decline in bullish sentiment as prices found buying support at $2 and are now poised for a sharp reversal.On March 29, 2023, natural gas...

Natgas heads for 50% loss for Dec-March trading, possibly worst qtr in history Gas storage at 1.9 tcf, up 36% from a year ago and 23% above the 5-year average Most-active May gas could drop to $1.76...

Friday's U.S. PCE data could indicate inflation remained high in March This could force the fed to extend the rate-hike cycle beyond may, which would intensify the pressure on banks In that case,...

Gold up as much as 8% for first quarter versus oil’s decline of same Banking crisis flipped fortunes of world’s two most traded commodities Gold bugs aim to rewrite 2020 record high; oil...

Crude futures looking at double-digit losses for quarter, without adequate rebound Banking crisis lumbers on, looking for next victim with shaky balance sheet Uncertainty over Fed feeds volatility in...

Silver down more than 3% on the year, while gold is up over 9% Gold's safe-haven status seems to have hit zenith with banking crisis, inflation Silver stays true to industrial that could reach $30 on...

Gas market at pivotal stage between end of storage draws and start of injection The just-ended winter, one of the warmest, has left incredible gas balances Challenge now is for front-month gas to...

Crude prices up 4% in two days after last week’s 13% slide Potentially hawkish Fed could disrupt oil’s continued rebound Crude bulls thus hoping OPEC+ will “fix” market in...

Gold delivers fizz-worthy $2,000 high for bulls; record peak will likely take longer  Upside momentum intact despite a drop from Monday’s one-year highs Fed in play on Wednesday adds to...

In my previous article, I noted the presence of extreme indecisiveness among traders on March 19th as natural gas futures continued to slide and hit a low of $2.218 on Monday.The question is whether...

Fed week being crowded out with the US-to-Europe banking crisis Gold has a path to a new record high above $2,073, but profit-taking likely first In oil, WTI could go beneath $60 without a rebound,...

After a bearish inventory announcement last Thursday, a slight increase in the U.S. Baker Hughes Total Rig count from 746 to 754 last week added one more leg to the bearish sentiments. Natural gas...