Commodity Analysis & Comment

US CPI, China inflation data both on tap this week, keeping markets on edge Crude rally could cause new inflation worry for Fed just as US jobs growth ease Fed, yearning for 2% US inflation, will...

Diesel could emerge as a new inflation worry for Fed Heating oil, a proxy for diesel, is up 28% over 6 weeks vs an 11% gain for gasoline Tight diesel stocks to blame, say bulls; some claim...

South-Central America is baking, power burns are off the charts Yet, gas prices are heading south, not north, as supply stays adequate  Front-month Sept gas on Henry Hub must clear $2.60 for...

Weakened auto outlook has weighed on PGMs this year, particularly palladium Since May, platinum and palladium have moved same way on dollar rebound To rebound, palladium has to cross first resistance...

Gold’s struggle at holding $2,000 visible after Tuesday’s about-turn U.S. jobs report on Friday could help decide metal’s near-term direction Spot gold has to stay above $1,987;...

Keeping the oil rally going will be OPEC’s challenge as Fed warily watches inflation Fed will likely go back to aggressive rate hikes if inflation spikes from pricier oil Higher inflation could...

Hottest weather pattern of 40 years emerging, signaling more power burn  But gas keeps trading sideways, dynamically positioned at $2.65  Gas storage “reclassifications” also...

Oil and gas companies are actively decarbonizing operations across all segments. Strategies include renewable energy adoption, carbon capture and storage, methane leak detection, and hydrogen...

98% consensus for 25-bps hike means gold, silver to dip before Powell comments Fed chief’s outlook on rates will tell if another hike due before the end of 2023 While another rate pause is seen...

The price of the world’s favorite precious metal remains near its upper range of the past three years, but this is disappointing for gold bulls. The surge of inflation in the wake of the...

Crude begins three-day grind towards U.S. rate decision for July Fed chief Jay Powell likely to laud win against inflation but express caution too Dollar’s performance post-Fed will be key to...

Debate on gas storage raises question of whether stockpile vs demand is too high Some analysts still see an oversupplied market, and need for more summer heat Gas has potential to go above $3, but...

U.S. onshore oil production set to decline in August, signaling first monthly drop in 2023. Companies opt to delay operations despite abundant shale wells, waiting for better market...

They are at it again. Articles catching on to the US dollar breakdown are appearing in the smaller media (e.g., blogs and websites that are ‘perma’ pro-gold, anti-USD, anti-stock market,...