Commodity Analysis & Comment

After 7 months in the red, copper looks set to finish November up 9% Year-to-date, it remains down 18%, after a 22% drop from March-October Copper hit 20-week high of $3.9470 in mid-November, needs...

Energy stocks outpace the broad equity market Crude oil has fallen to its lowest price since January, now down year-on-year Possible long-term support on the chart, potential bullish fundamental...

COVID lockdown protests demand new government in China Chinese implied oil demand seen down 1 million bpd, less buying from Russia too Fed seen closely watching US November jobs report to decide next...

Crude oil prices hit 10-month lows this week after Group of Seven (G7) member countries proposed a high price cap on Russian oil, easing concerns over supply constraints. Crude prices were also pushed...

OPEC and OPEC+ aren’t meeting until Dec. 4, but rumors about OPEC’s plans for oil production are already making headlines and moving the market.On Monday, the Wall Street Journal reported...

Bearish continuation of Dollar will help gold reach toward $1,800-$1,830-$1,850 Bond yields’ drop below 3.85% also a support base Even a near-term drop to $1,721 may not alter rebound on...

What could slow or stop the bear onslaught in oil?It’s a question crude traders are likely to be asking earnestly as the market dips on China COVID headlines and as oil prices slump again at the...

The long-awaited oil sanctions and price cap on Russian oil are slated to go into effect in just a few weeks, on Dec. 5. The sanctions apply to G7 countries (Canada, France, Germany, Italy, Japan, the...

Nickel up more than 30% for November Other industrial metals in the negative for the year Nickel has broken above $30,000/tonne but could face resistance at $32,900 China’s apparent easing of...

Precious metal prices—gold, silver—and related miners have been bearish for quite some time now. It looks like that is starting to change.When I look at the charts for gold and silver, I...

Just when the risk takers in oil, gold and stocks thought they had the Federal Reserve’s strategy down pat, the central bank’s governor Christopher Waller has thrown another curveball at...

US consumer prices at 9-month lows, suggesting smaller rate hike in December Contagion in crypto could be another boon for gold  After gold tests $1,771, the next leg higher sits at...

Silver is hovering near 5-month highs on US dollar weakness as the white metal is negatively correlated to the greenback.The dollar is under pressure as polls widely predicted a decisive Republican...

This week saw several important developments on the future of U.S. oil policy, production, and the price cap policy on Russian oil. Traders should be aware of how these developments are likely to...