Commodities Analysis & Opinion

The Biden administration is trying to win friends in Iran and influence Ayatollahs basically begging and pleading for Iran to rejoin the 2015 nuclear deal. Not only has Biden offered to call the...

In recent weeks the US's key economic numbers have been providing optimistic signals that the country's recovery is not just on track but also accelerating. Last week's ISM manufacturing print beat...

Oil trades sidewaysWith no real fireworks from the FOMC minutes and no new emerging drivers for prices, oil markets contented themselves to trade sideways overnight, with the rise in US gasoline...

Silver Outlook Silver prices rallied to the highest level in more than two weeks on the backdrop of weakness in the dollar index and positive global economic data which are supportive of...

In February, I highlighted the role that India will play in global oil demand in the coming years as its economy grows and oil consumption increases. In 2019, India was the third-largest consumer of...

The storage injection season for natural gas is underway, indicating tepid demand for heating and cooling this spring. Yet, intermittent cold is keeping New York-traded futures of the fuel above the...

Enthusiastic gold investors everywhere are wondering: Has gold finally bottomed?The short answer is: I think so. That’s because, from a number of perspectives, it seems the most likely scenario....

Oil traders both bullish and bearish have been bounced around in recent days like they are locked in a rubber room. Since the break of the sharp oil uptrend, prices have whipsawed driven by...

Gold has created lower highs since peaking last summer. Is gold near a low? Where would a nice entry point come into play? This chart looks at Gold ETF (NYSE:GLD) on a weekly basis over the past few...

Well, we naturally are always happy to see our forecasts turn out to be true. Still, the longer we anticipate a movement, the happier we are when they finally become a reality. The same also holds...

Oil trades sideways overnightOil prices finished modestly higher overnight as US API Crude Inventories fell by 2.6 million barrels, although both Brent and WTI traded in wide intraday ranges. The...

Saudi Oil Minister Abdulaziz bin Salman is known for his brand of swagger and humor when conducting business. To send a shiver up the spines of oil bears, he invoked Hollywood tough-guy cop Dirty...

Crude oil prices bounced after the IMF upgraded the global growth forecast for the year as vaccinations become the driving force for hundreds of millions of people. Positive economic growth is...

LME copper prices hovering near $9,000 per mt which have bounced from the recent low of $8,696 per mt after Chile closed its borders over a spike in coronavirus infections. Supply concern from Chile...