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Despite setback dealt by March NFP, upside momentum has seized gold Cooling inflation, bets for Fed pause has underpinned new rally Futures have reached $15 short of record high, spot price $25...
First gas injection of 2023 likely occurred last week with 28-bcf build Spring start to storage one of the most bloated ever, seen at 1.881 tfc Charts suggest gas futures could break $2 support again...
China’s oil demand growth is expected to slow down, while India’s should accelerate in the coming years. India’s fuel consumption hit a new record in March, largely due to increased...
After a woeful 2023 start, silver has been keeping pace with gold’s momentum Jeff Clark of TheGoldAdvisor.com is calling for a peak of $30/oz for silver Chartist Sunil Kumar Dixit has major...
Uncertainty about the Federal Reserve's next move on rates is causing caution in the commodities market, particularly for gold and oil Inflation data due this week, along with the Fed's minutes of...
Saudi Arabia's surprise production cut was targeted at short sellers. While Saudi energy ministers dislike futures trading's role in the oil market, it helps increase liquidity. Meanwhile, water has...
Saudi Arabia has had six oil ministers in just over 60 years. The first abhorred American dominance of Arabian oil and fought to end it; the second wanted low prices for greater market share; the...
The latest production cut could result in a $10 rally or more a barrel The counter-effect will be higher inflation and, possibly, more Fed hikes Ultimately, the focus on recession will return; this...