Commodities Analysis & Opinion

Nymex WTI Crude hits 9200/9175 target and long-term buying opportunity. A low for the three-month correction?

Continued from Part OneIt is now thought that even if an Iranian deal is reached in six months’ time – and the balance at the moment is in favor of that happening – it would still be...

Brent crude oil was trading steadily at $110.97 at 5:30 GMT on Wednesday morning after choppy trading on Tuesday took the commodity lower. Oil prices have fallen under pressure recently as investors...

Whatever the merits of doing a deal with Iran over its nuclear enrichment program – and the proposed deal does seem to be polarizing opinions – the market’s reaction was a sharp drop...

It's time for a pep talk. Folks, bear market bottoms are the single greatest opportunities one ever gets in investing. The initial move out of a bear market bottom is where the really big moves...

Gold moved back to the upper boundary of the down trend channel early yesterday before dropping back to $1240 during the afternoon session. This morning, gold has moved back to the top of the channel...

Natural Gas for March overbought now so unable to beat Monday's high of 3885. A move towards 3820/17 could be seen but below here good support at 3785/75 should hold the downside. Longs need stops...

CLCrude declined for a third day in New York on projections that U.S. crude inventories advanced for a 10th week. WTI declined in the six weeks through Nov. 15, the longest losing streak in 15 years,...

Corn for March held below 431 to hit our target of 422. We bounced to 426 but the outlook is still quite negative and below 424½ risks a retest of 422 and possibly contract lows at 420 today. A...

Wheat for March could be forming a base as explained last week. We managed to hold above November lows at 652 yesterday. If this does not hold the downside today, then last chance for bulls is...

Soybeans dipped back to 1319/18 as expected and bottomed almost exactly here at 1316¾. We have shot higher through 1333/34 as we close in on 1340/41. Use this as our next selling...

The Department of Energy's Energy Information Administration (EIA) data on volume sales is over two months old when it released. The latest numbers, through mid-September, were published today....

Resource pressure is a constant. As we continue to track the nearly delusional energy “debate” in the United States about whether we will continue to burn coal and whether natural gas is a...

Independent oil and gas companies with technical skills, local know-how and bottom-up knowledge are playing a larger role in Latin American oil and gas, according to Xavier Grunauer, analyst with...