Commodity Analysis & Comment

Oil prices surged on news of the Russian invasion, as investors knew the war would significantly affect the energy sector.But for how long? Looking at the monthly crude oil chart below, it appears...

Above-average winter temperatures are prompting traders to sell natural gas contracts, pushing prices lower However, winter has technically just begun, and the situation could easily change before...

Unseasonable temperatures for the U.S. over the next fortnight, could stretch to February Switzerland, Poland, Hungary, France and Germany also see warmer-than-usual weather  Weekly U.S. gas...

This week's natural gas futures action indicates that the commodity could continue to experience wild price swings during the first two weeks of 2023.A steep fall during the last three weeks of...

Gold has markings of a runaway market as recession fears empower safe-haven Charts show $1,950/oz could still be major resistance through the first quarter In the near-term, aggressive selling below...

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...

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...

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...

2022 was a very volatile year for oil prices Geopolitical events forced producers and consumers to make significant changes to the flow of oil around the world Here are six lessons taught by the...

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...

In the past two weeks, stocks have struggled to break through resistance and extend the holiday rally. I wrote about it in the last article. Commodity prices starting to fall is a bearish sign. There...

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...