Commodity Analysis & Comment

LME is weighing a ban on Russian-origin metals A ban will expose the 145-year-old exchange to legal challenges Could be an opportunity to make long bets on these metals “In commodities, anything...

The Federal Reserve Bank of Dallas' third quarter energy survey was released yesterday (Sept. 28). It provides an interesting look at oil and gas production in the most productive onshore region in...

Natgas' Achilles' heel seems to be output above 100 bcf daily Analysts forecast a higher-than-seasonal 94 bcf build to gas storage last week Last week's weather reading was 60 CDDs, slightly above...

Oil was volatile on Wednesday as bulls and bears traded opposing themes. The dollar rose 0.4%, advancing for the seventh straight session to the highest since May 14, 2002. Given that oil is priced in...

Wheat jumps 1.5% right after Putin drafts Russian farmers for Ukraine war Market up for second straight month, rising 7% from July’s close. Global grains data shows world heading for tightest...

Copper is down 25% on the year, slid in five of the past six months $3 support held since November 2020 could break Commodities pulverized by a dollar enabled by hawkish Fed talk Exactly two months...

Cotton jumps 17% in August but then gives all back Charts suggest an immediate weakening back to July bottom of under 83 cents But cotton could also rebound to recapture highs of $1.1085 Prices and...

Gold traders had a wild ride in Wednesday's trade after the US Federal Reserve Fed hiked interest rates another jumbo 0.75%, making it the third hike in a row for the US central bank. The yellow...

Record production of 100 bcf/d mitigates threat of a winter supply squeeze Milder temperatures heading into fall suggest less need for air-conditioning  Bull case led by Putin’s renewed...

Oversold conditions make gold vulnerable to fierce short-covering Supportive buying from lows can start recovery towards $1,680-$1,685 and more Breaching the long-held $1,681 floor of support, the...

It’s here: The thing investors across markets and the world have been dreading. The week of the U.S. Federal Reserve’s September rate hike. If anything, the next 72 hours could lead to...

Gold's meltdown to June 2020 lows is excessive To prevent further hemorrhaging, needs to turn some resistance to support Short-term bearish trend can turn bullish if $1,750-$1,760 is...

Longtime readers of this column know that I do not put much faith in models or forecasts. Indeed, the more complicated the model and the longer term required by the prediction, the more inaccurate it...

Railroad strike could happen by Friday, crippling coal supplies  Gas supply might get tighter on late summer heat/cooling demand; LNG in view too Gas prices could target next technical range of...