Commodity Analysis & Comment

Cool pre-summer comes on the heels of extraordinarily warm winter 27% fewer cooling degree days in May than year-ago; trend to continue Gas storage likely added another 100+ bcf build last...

U.S. drillers have the potential to double oil output from existing wells, thanks to new drilling efficiencies and innovations such as shale well refracturing Higher drilling efficiency is driving...

The movements of gold and natural gas futures appear poised to behave in opposite directions due to common factors, with the most significant one being the debt ceiling suspension. This suspension...

For the benefit of the rolling cameras, Saudi Energy Minister Prince Abdulaziz bin Salman triumphantly declared that the rest of OPEC+ will keep to promised oil cuts till 2024 while the kingdom itself...

It’s what authoritarian regimes do when they want to black out information or silence news that’s inconvenient. And this week, OPEC, the oil cartel, showed similar despotic, or desperate...

OPEC and OPEC+ will meet on June 4 to discuss oil production. Traders should be on watch to see whether OPEC decides to keep production steady or to implement further oil production cuts this year.On...

Trepidation over debt ceiling deal continues ahead of Congress passage Oil, gold focused on U.S. May job numbers for clues on Fed’s June 14 decision Meanwhile, market anticipates a Fed hike in...

There’s been plenty of uncertainty in the air. From our economy to the stock market to politics to war abroad, consumers are concerned.So we continue to look for facts, signals, and clues in the...

There’s been plenty of uncertainty in the air. From our economy to the stock market to politics to war abroad, consumers are concerned.So we continue to look for facts, signals, and clues in the...

Natural gas futures have managed to consistently stay above last week's high this week, even in the face of significant selling pressure owing to the absence of weather-induced demand.Thursday’s...

With Alberta blazes under control, U.S. gas supply seen steadying, bears say Bulls think wildfire disruptions to Canada gas flows will have lasting U.S. impact Weekly storage build at 108 bcf; gas...

G7 price cap policy faces challenges as oil market shifts Lack of enforcement undermines effectiveness of price cap policy on Russian oil prices New revenue streams and increased taxes limit the...

There’s so much uncertainty today that I think the markets are uncertain about being uncertain.I know gold is sure trading like it. With so much uncertainty in the world today, it’s not...

When I wrote my last analysis on May 4, 2023, gold bugs were not prepared to believe that gold prices were about to take a breather. However, that day marked the initial sign of an impending rapid...