Commodity Analysis & Comment

Natural Gas prices could strengthen further during 2023 A steep fall during December 2022 pushed the natural gas futures into oversold territory Reversal from the lows of January 2023 will confirm a...

IMF warns of economic trouble in all 3 of the world's growth centers China’s manufacturing activity shrinks 5th month in row despite reopening promise Dollar another wildcard for commodities,...

Major institutions have cut their oil price forecasts for 2023 The end of China’s zero-COVID policy is one of the main factors that could lead to higher prices Here’s a look at some of the...

Gold prices are staging a strong end to 2022 on hopes inflation has cooled while China continues to alleviate its stringent zero-Covid restrictions. Since the beginning of November, gold prices are up...

One of the coldest Arctic events on record is unfolding across the bulk of U.S. Brutal cold could lead to extreme gas, heating oil demand, and a 2023 rally in both But with weather being weather,...

Oil prices are attempting to extend the ongoing relief rally this week after closing over 4% higher last week. On Thursday, the prices extended gains for the fourth consecutive day amid tighter...

There are many reasons why precious metals have been on the rise lately Still, with rising bond yields and the potential for a dollar recovery, the risk of a correction is high I have my doubts as to...

China demand supportive to crude in pre-holiday trade while COVID fear beckons Charts show WTI could retest last week’s $77 peak but could also drop to $65 US housing and consumer confidence...

The price of oil is not the only factor leading to lower pump prices lately Refineries have been running at nearly full capacity at a time when they usually run at lower capacities The reason is that...

After overdrive into freeze territory, weather signals turn bearish somewhat  Natgas’ front-month tumbles 7% following 5-day rally of almost 30%   Gas bulls expect another round...

After a relatively benign CPI for November and Powell's dovish remarks, $1,900 gold is within striking range Strong acceptance of the $1,842-$1,845 level could pave the way for next up-leg toward...

Oil’s comeback could be a “noisy rollercoaster ride” instead of a V-shaped rally WTI is seen targeting $77 first, with final near-term resistance at $88 Possibility still open for...

The market appears to be preparing for a recession That, along with slowing rate bets, could support gold prices going forward An upside breakout from current levels would indicate that gold's uptrend...

Inflation, rate hike-wary markets likely to hold off on oil rebound till CPI, Fed Nov CPI forecast at 7.3% annual growth vs. October's 7.7% yearly rise Fed is seen raising rates by 50 basis points...