Commodity Analysis & Comment

Natural gas has touched its highest level since 2008 in July, putting the commodity on track for its strongest month on record, as Russia cuts supply and the heat wave continues.However, the price...

Copper’s longer-term outlook far superior to its near-term Down 24% on the year, and 33% below March record highs Metal oversold and having one of its worst years US copper producer...

Palladium headed for first positive month in three, rising 14% from June lows Up 14% from June lows but still about 40% below March record highs Russia can squeeze palladium supply but likely...

In less than six week, oil is down 29%. Since the June 14 peak, it has almost erased all the gains since Russia's invasion of Ukraine on February 24. If anyone continues to think we are not going into...

Swings expected in oil and gold prices until Fed decision at least Powell’s take on the economy will also peruse for signs of recession US Q2 GDP on Thursday and Core PCE Inflation on...

Gold prints potential reversal candle pattern Yields drop as recession concerns mount Gold may be able to rise towards $1800 Gold is in focus today after Thursday’s bullish price action as fresh...

Russian oil did not come off the market when sanctions were introduced In reality, demand for Russian oil increased Growing unwillingness in Europe to sacrifice economic growth for Ukraine It has been...

Henry Hub’s most-active gas contract up 40% from 3 weeks ago Despite outsized demand, gas-in-storage likely rose due to idled Freeport LNG plant Focus on US heatwave keeping prices up amid...

Fed officials observe blackout ahead of interest rate decision  Unusually light week for US economic data Gold seems to be boxed in a trading range of $10 or less After saturating the airwaves...

Lightweight week for US data Fed blackout on speeches, statements ahead of rate decision Futures of crude and gold fell in five of the past six weeks Oil and gold could trade in a range, with...

June and July have brought sweeping changes to what decides the direction of oil Increasingly, oil has become more sensitive to a dollar ramping on threats of aggressive rate hikes by the Federal...

Rising summer heat forms a solid base for gas pricing in the higher $6 If the upside holds, gas charts indicate the first breakout to $6.80 and $8 later Freeport LNG outage makes less of a difference...

Inconsistent numbers from various institutions and analysts have been driving volatility in oil markets Traders should respond accordingly to their views regarding a prolonged economic...

An economic slowdown—not to mention a recession—should be very bearish for oil A Descending Triangle appears to be forming on the daily chart, inherently more bearish than a Symmetrical...