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Gold was back on the winning streak Friday following a three-day rout that set the precious metal for another weekly slide as bullions lost its safe-haven appeal on signs that US government was on...
Crude oil is heading for a third weekly loss in four as President Obama failed to agree with the House Republicans on raising the US debt ceiling and ending the partial government shutdown, which is...
In a remarkable interview with The Energy Report, Jason Sawatzky reveals the hottest new thing happening in the North America oil exploration and production space: the rush by major oil and gas firms...
Yesterday there was some movement from Republicans on the debt ceiling issue. US stocks rallied as GOP members prepared to meet Obama for the first time since the shutdown. Obama did not reject or...
CLCrude rose 1.4 percent, advancing with equities as House Republican leaders proposed a short-term increase in the debt ceiling that would push off the lapse in U.S. borrowing authority through Nov....
Wheat for December outlook turned negative as expected and we hit our target of 685/684 as predicted. Overnight we have continued lower towards the next target 680 and we could even test the 100 day...
Corn resistance at 445/446 held the topside as expected. We warned the outlook remained negative and we hit our target of 436/435 as predicted. A low for the day was expected and we bottomed almost...
In just over three weeks wheat futures have moved from oversold to overbought advancing 8% in the futures market. We have closed lower the last three consecutive sessions closing below the nine-day MA...
Unfortunate news for Montenegro’s sole aluminum plant. On Wednesday, a Montenegrin court declared the “plant and a top exporter bankrupt, paving the way for its sale to repay 380 million...
For the safety of its workers, Cerro Matoso, “said it has temporarily shut its mine after two weeks of protests by indigenous groups, halting 4 percent of world output,” reports Reuters. ...
China has overtaken the US to become the world's largest importer of oil, showing the rising strength of the Asian nation.New figures revealed by the Energy Information Administration showed...
Gold prices traded lower yesterday following the announcement of Obama’s nomination of Yellen as Fed’s Chairman. The appointment of the current Vice Chairman to take over Bernanke would...
Gold will extend losses into 2014 amid expectations the Federal Reserve will pare stimulus as the U.S. recovers, according to Morgan Stanley, adding to bearish calls from Goldman Sachs Group Inc. and...
Sometimes market just behave beyond your expectations. Yesterday it was mentioned that DOE Crude Inventories may not provide true directional movements, but merely add fuel to the volatility bonfire...
Crude: Bless those trading volumes and volatility. I expected the charts to limp along through this week, but here we are testing the downside. We’re seeing a renaissance for the Bears on the...