Commodity Analysis & Comment

The OPEC+ ministerial monitoring committee (JMMC) met on Tuesday, Nov. 17 but provided no official policy recommendation. The full OPEC and OPEC+ meetings are scheduled for Nov. 30 and the following...

Slumping prices in three out of the past five sessions have brought value-hunting buyers to natural gas. But reprising the key $3 level might be difficult for those bullish on the heating fuel, as the...

The outlook for oil and gasoline has steadily improved over the past three weeks on COVID-19 vaccine hopes, leaving open the question of what may become of ethanol, the biofuel mandated as an additive...

Moderna (NASDAQ:MRNA)’s vaccine announcement had probably its largest effect on oil out of the main asset classes. Hopes of a return of social mobility saw airlines rally overnight, and that...

This article was written exclusively for Investing.com Prices rise to an almost six-year high The demand side of the equation favors wheat and other agricultural products Each year is a...

Once bitten, twice shy is the saying. In gold’s case, it appears that once pricked, it’s twice as strong.A week ago, gold was on the mat, knocked out by Pfizer’s COVID-19 vaccine...

As daily record highs in US coronavirus cases bring us closer to the grim prospects of Lockdown 2.0, products, services and markets best equipped for the ordeal will thrive. Aside from home gym, video...

The Veterans Day holiday in the US saw oil trading volumes decline overnight. After both Brent and WTI spiked higher initially, they quickly gave up those gains, finishing almost unchanged at USD43.75...

Oil continues to defy gravityThere are no signs of a correction in oil markets, with Brent and WTI rising strongly again overnight as oil traders go all-in on a vaccine-led recovery boosting demand....

Copper’s support at above $3 per lb has been unbroken for 25 sessions in a row. It has chalked up seven winning months out of eight, a phenomenal run for a metal many bullish investors in...

On Monday, gold registered its biggest move in more than seven years—it dropped a whopping 5%. In just one session the precious metal toppled from a three-week high to a four-month low.The...

President-elect Joseph Biden summed it up correctly in his first coronavirus status update on Monday. “It is important to understand that the battle against COVID-19 is still months away,”...

This article was written exclusively for Investing.com.  Gold and silver consolidating since the early August peaks Another push lower before the end of 2020 would not surprise Bullish reason #1:...

Hope and fear—gold and oil take their cue from diverging drivers this week, as the incoming Joe Biden presidency spells different outcomes for the two most active markets in commodities.A relief...