Commodities Analysis & Opinion

From a technical, fundamental and seasonal perspective, the current gold-price correction is exactly what the doctor ordered. Note the position of the Stochastics oscillator at the bottom of the...

OPEC’s June meeting, scheduled to take place in Vienna, Austria on Thursday June 2, is still more than a week away, but the strategic political posturing by major oil producers is already...

Copper prices edged up on Tuesday as International Copper Study Group reported the global copper fell in February to 24 thousand tonnes from 51 thousand tonnes in January. In the first two months of...

Hip To Be BullishIt is suddenly hip to be bullish crude oil again. Bearish calls that oil could crash to $10.00 a barrel seem be off of the table. Talk that oil would never exceed $40.00 a barrel ever...

Bullish API Data Moves Crude OilThe API data showed bullish data on Crude oil, Distillates and a bearish number on Gasoline and the market took notice. Also bullish, Royal Dutch Shell (LON:RDSa)...

It’s been another everything-is-grinding-higher (except gold, of course) night session, although crude has lost some of its earlier verve after yesterday evening’s API report.The next...

Crude Oil inclined, stabilizing above 49.00. Stability above 48.90 is positive already and would extend the bullishness. Prices ignore the overbought signal on RSI, which is so close to 70.00 levels,...

Main scenario:The pair is trading along a downtrend with target on 1215, that may be expected to continue, while pair is trading below resistance level 1230. Alternative scenario:An uptrend will start...

Prices dropped enough to confirm intermediate cycle tops in ALL metal sectors today. We expect prices to descend further into a June low and that bottom will form the next 6-month cycle low.US DOLLAR...

This is a good news/bad news story.Say you’re one of the many people who bought junior gold and silver mining stocks a few years ago — and then watched in horror as they fell day after...

July Crude Oil rallied today as traders ignored a stronger US dollar and indications that Canadian and Libyan supply disruptions are ending. Price traded to 48.93 before settling at 48.62 as traders...

Back in April, the Fed made it clear that they want to hike interest rates several times this year. And, when the metals complex began to rise after that announcement, many were certain that the Fed...

The crude oil markets have been a difficult proposition to gauge over the past few months as the commodity has seemingly defied much of our larger forecasts for rebalancing within the markets. It is...

Nickel, along with copper, rallied over the past week due in part to relatively mild demand from the consumer industries.According to a report from the Business Standard, traders are accounting for...