Commodity Analysis & Comment

OPEC and its OPEC+ partners plan to hold a virtual meeting on Thursday to discuss cutting oil production in the face of plummeting prices and a growing oversupply. About a month ago, the OPEC+ group...

Earlier today, gold futures hit a seven-year peak of $1734.35. They've retreated for now, but we believe the contract's bullish run is by no means over. It may yet take on the August 2011 all-time...

Like birds of prey, the state oil giants of Saudi Arabia and Russia can smell the decay setting into the U.S. shale industry and the market share that will come free when its weakest die from the...

Investing.com’s Commodities Week Ahead typically looks at the prospects for oil and gold prices in the upcoming trading week. In this two-part series, however, which began on Sunday, we examined...

To me, the most believable thing about the Saudis, Russians and the rest of OPEC meeting again is that they’ll be meeting again.Everything else is a big “if,” including production...

First they did it to oil. Next, they might do it to gold.Russia’s often underestimated strength as a global economic influencer is beginning to dawn on some investors as crude prices languish at...

It could well be time to short oil again.Last week, we expected oil to rebound toward $30, along with a rising flag. But conditions appear worse than we had anticipated after the commodity's...

Don’t worry about oil prices going to the teens. They already have, between Friday’s settlement and Monday’s open, in that black hole called electronic trading.As I write this, U.S....

A week ago, I suggested to readers who were long gas that the worst might not be over yet for them.My conjecture was based on the 25-year low of $1.56 hit by the front-month gas contract for each...

Like a Disney animation, gold suddenly seems to have transformed with the wave of a fairy pixie’s wand and sprinkle of magic dust.From a safe haven that looked anything but “safe”...

With XAU/USD rising for the third day, could gold be reclaiming its glittering crown? Several analysts, including those at Goldman Sachs, seem to think so. And the technicals appear to agree with...

Is the first U.S. gasoline build in eight weeks looming? At least one veteran watcher of the energy space seems to think so.Dominick Chirichella, who has tracked the oil and gas markets for over...

Yes, we know that the headline may evoke some disparaging comments. Yes, we’re aware that there’s a global pandemic that's disrupting manufacturing lines and shipping supply chains, and we...

How long will it be before crude trades in the teens?It's a question without doubt in the minds of us all, though another question to be asked is what will happen to shale oil at those prices.West...