Commodity Analysis & Comment

Softer US jobs report for June is only one-half of the inflation puzzle, risk-driver Traders anxiously look out for Wednesday’s CPI report to get a read on Fed Oil, gold fumble at start of week...

NY/Eastern US temperatures soar while Texas/South heat wanes  Gas prices return to mid-$2 to sub-$2.70 range on mixed heat/storage outlook With all things being equal, LNG helps gas bulls by...

Cocoa prices have experienced a one-year rally and have returned over 40%, with bulls aiming for a more than 12-year high. The rally in cocoa is supported by reduced bean arrivals in Ivory Coast and...

Russia's export cuts could indicate a need for more domestic oil supply. Aramco CEO remains confident in long-term oil demand despite recessionary fears. OPEC invites Azerbaijan to join, aiming to...

OPEC, the Fed, and the U.S. jobs report could lead to a volatile week for oil, gold, and other commodities. Traders are watching for the Saudi oil minister's output cut plans at the OPEC...

Oil edged higher yesterday following some good US macro data. However, this data also increases the likelihood of further rate hikes. And the expectation of further hikes will ultimately provide...

Slower production growth in the oil and gas sector raises concerns about meeting EIA forecasts. Increasing drilling costs present challenges for small firms and create acquisition opportunities...

The behavior of natural gas traders, who were continuously ignoring the cooler or bearish weather announcements, just a few weeks back, resulted in keeping the price trend in favor of the...

Wheat rockets on crisis of confidence over Putin, Russia grains corridor decision Global production suggests tight market, meaning potential for more upside Technical outlook indicates consolidation...

Higher inflation suggests economy is working for oil Gold as an inflation hedge holds up in higher-price environment But central banks, from Fed to BoE and ECB, stand by with rate hike...

Since I wrote last on May 25, gold and natural gas futures look ready to hit their fresh targets after wobbly weeks amid increased uncertainty over interest rate hikes. Gold futures started to melt...

Texas could lead summer cooling demand as Lower 48 weather underwhelms U.S. power burns improving, helped by drop in LNG feed demand June proving best month for gas since August, up nearly...

China's uneven economic recovery has disrupted oil market forecasts, keeping prices low The Asian giant is importing record amounts of cheap Russian crude, stockpiles for future use China prepares for...

Fed chief’s 2-day testimony to lawmakers comes after hawkish week-ago stance Powell, staying the course of a data-driven Fed, could push gold to $1,850 low Dovish signals from Powell could,...