Commodities Analysis & Opinion

In normal circumstances, warm weather extends bearish sentiments for natural gas futures but, this time situation could be different with the growing export of LNG after export disruption due to...

EIA raised its US 2021 crude production estimate to 11.15 million BPDWTI crude oil prices are trading near $63.55 per barrel and trading weak from the last three sessions from a recent high of $67.88...

Oil prices eased overnight, helped lower by a much higher than expected build in US API Crude Inventories. Brent crude fell 1.2% to USD67.30 a barrel, while WTI eased by 1.35% to USD63.70 a barrel....

Today traders will focus on gold, USD and US yields due to US 10-year Treasury Auction and US CPI figures. Higher numbers and inflation could mean increasingly higher interest rates and ultimately a...

Deep within the confines of some of South America’s most fertile lands, a threat might be growing to the rally in US soybeans. Brazil’s Rio Grande do Sul, Santa Catarina and...

LONG TERM...

Commodities prices have rallied sharply higher into 2021, lead recently by energy and grains. Today, we focus in on one universally important commodity: Crude oil. As you know, crude oil is heavily...

Oil prices are back on the rise as the market realizes that the fundamentals of the oil market are signaling tight markets and higher prices. The Monday oil dip came as speculators piled into the...

WTI Crude holding below the 500 week moving average & also the 2019 high at 6630/60 is a sell signal. I would suggest selling a recovery with resistance at 6580/6600. If we unexpectedly continue...

Crude oil prices corrected from recent high of $67.98  yesterday and currently holding the grounds near $65.39 on profit booking after a big rally from recent lows of $59.24 as on Mar....

Natural gas prices for the month of April are trading near $2.653, marginally lower from previous closing on mixed weather outlook for US which is likely to reduce heating demand and negative for...

With conviction about the recovery from COVID-19 growing by the day, the price of every commodity is reaching for its pre-pandemic dynamism. For gold, nothing could be worse.Unlike oil or copper,...

Crude oil moved back to the highs recently after OPEC+ countries agreed to extend the majority of production cuts through April. In fact, demand may increase as global lockdown restrictions are...

We start this update with the latest version of Larry’s amazing gold chart. As Larry states…“Gold touched $1683.00 on Friday. Real close to touching the phantom outside possibility...