Commodities Analysis & Opinion

Crude oil was down again Thursday after spiraling down nearly 4% Wednesday in reaction to a much greater-than-expected build in Weekly Inventories.The weakness off of Tuesday's recovery-rally high at...

Fundamentals WTI crude oil continued to move lower after the substantial build (increase) in total crude oil inventories yesterday. The bears are once again back in the market as the oversupply issue...

Good Morning!As we head into the Easter weekend the following reports are due out on Holy Thursday starting with Advanced Durable Goods, Export Sales and Initial Jobless Claims. The EIA Gas Storage...

Is this the best time for the Fed to get more hawkish? Crude oil prices saw their biggest drop in 6 weeks after a large build in crude supply and hawkish talk from Fed officials which is almost...

Gold declined, trading in the 50% Fibonacci areas at 1219.00-1220.00, which may send it lower towards 1203.00 -1200.00 zones. RSI is negative and ADX as well, but a break below 1200.00 will define...

Since oil has breached 40.00 psychological after failing to stabilize above 41.40, it continued to decline, trading below the uptrend line and below moving averages. ADX shows increase in the...

India has had a long-standing love affair with gold. At Indian weddings, some of the brides get so much gold jewellery that it weighs them down. There are upwards of 15 million weddings every year in...

While I still like gold to the upside for the long term one has to be cognizant on the potential timing on when pull backs in the market may take place. Despite ABN AMRO (AS:ABNd) increasing their...

During the first six weeks of 2016, gold was the market’s rock star. The yellow metal rose more than 20% from its lows, hitting a 1-year high.Such a surge was caused by the weakening U.S....

Nickel mining in the Solomon Islands remains at a standstill with the nation’s highest court ruling that neither of the two Japanese and Australian miners vying for a license are entitled to...

European indices are expected to open around half a percentage point lower on Thursday, following in the footsteps of their U.S. and Asian counterparts which came under pressure on the back of...

Looking under the hood of the oil rallyCrude oil has seen a 55% increase from the year low in to current prices. Demand has shown green shoot signs of recovery as supply, having been forced to...

The fundamentals for crude oil continue to be atrocious. Production remains relatively stable if slightly reduced, which is about the only factor in favor of oil prices since the February 11 low. On...

Imports this past week were the main culprit for the large inventory build in oil.Below you find the video