Commodity Analysis & Opinion

Oil prices jumped higher on Friday after US and UK attacked Houthi rebels. Analysts think further escalation in the conflict may propel Brent above $80.Oil prices spiked on Friday after the US and its...

Geopolitical risks continue to grow in the Middle East with the US and UK carrying out airstrikes against Houthis in Yemen. Potentially more concerning for oil markets is Iran having seized an oil...

Due to multiple potential headwinds, HSBC (LON:HSBA) economists think gold is unlikely to remain above $2,000 in 2024. Gold prices surged to a new record high last month, driven by geopolitical...

Gold bears appear poised to become more aggressive as concerns about a looming recession diminish, fueled by favorable economic data that supports expectations of a potential rate cut.Today's bumpy...

Oil prices came under pressure yesterday with a bearish EIA inventory report, while European gas prices found some support given developments in the Red Sea. Meanwhile, the share of Russian aluminium...

Natural gas futures listed on Dutch hub TTF have continued a downward trend. But, prices in the US have been on the rise of late. Meanwhile, an International coalition has intervened in the Red Sea...

Large parts of the commodity complex came under pressure yesterday, with the sell-off led by energy. European gas prices came under pressure with ample storage, whilst for oil there are more signs of...

The U.S. is adding new renewable energy capacity at a record clip, but that doesn’t mean it’s ready to quit fossil fuels just yet. The country just became the world’s biggest...

Gold faced volatility last week but returned to Friday's lows amid a recovering US dollar and slightly higher bond yields Conflicting signals from Friday's job data and ISM report created uncertainty,...

After examining the movement of gold futures on the daily chart, a notable prevalence of significant bearish activity becomes apparent. This trend is triggered by a sharp decline in gold futures...

Oil prices are trading higher in the first week of 2024 as global geopolitical tensions offset soft economic data. The market still expects the Fed to deliver at least several rate cuts this year. If...

A bearish EIA report saw oil giving back some of its gains made earlier in the week. Meanwhile, nickel continues to come under pressure with fundamentals set to remain soft through 2024Energy - Large...

Forecasts for 2024 are now predicting declines in oil prices. But in the short term, events in the Middle East have put upward pressure on prices. The range of $70-80 per barrel remains a key...

Energy – tensions lingerFurther tension in the Middle East pushed oil prices higher yesterday. ICE (NYSE:ICE) Brent managed to settle a little more than 3.1% higher on the day. Two car bomb...