Commodity Analysis & Opinion

Energy – EIA reports lower oil inventories ICE (NYSE:ICE) Brent settled above US$87/bbl for the first time since mid-April yesterday, before giving up some gains in the early trading session today....

The start of the holiday season brought a sideways trend for gold. This comes at a time when central banks continue to maintain positive reserve growth for the precious metal. With key technical...

Energy – Bullish API report supports oil Oil prices edge higher in early morning trading today after API numbers overnight showed that the US crude oil inventories fell sharply. ICE (NYSE:ICE)...

Energy – OPEC oil production steady in June The oil market jumped to its highest level in over two months on rising geopolitical tensions in the Middle East along with an intensifying hurricane in...

Gold edged higher last week, ending June flat after a month of consolidation. Despite dollar strength, gold remained resilient, with investors focusing on its safe-haven appeal. Key upcoming US...

A stronger dollar and higher bond yields weighed on gold and silver on Wednesday. The precious metals have been struggling to regain a bullish drive in recent weeks as save-haven demand has tapered...

Oil prices have regained their bullish bias after three weeks of stable ascent. US crude (WTI) is up 13% since the lows on June 4 gaining almost $10 per barrel. The Relative Strength Index (RSI) has...

Silver prices rose at the start of the week, but concerns about a strong dollar and upcoming elections could limit gains. However, the long-term outlook remains bullish, with silver potentially...

Gold rallied on Friday, ending a three-week losing streak despite a strong US dollar. It remains a favored hedge against inflation, maintaining value despite high interest rates. Technical analysis...

Oil is down, and so is copper after hitting record highs in May. Natural gas prices, however, continue to be supported by supply concerns. Oil market in deficit for the remainder of 2024 Oil prices...

Oil charges higher despite a stronger dollar, faces resistance ahead Oil prices have regained the bullish momentum once again. US crude (WTI) is up over 4% in the week after bouncing from the...

Gold prices skyrocketed in May but are now stuck in a rut. Today's inflation data is critical for gold's short-term direction. However, long-term investors have a silver lining: renewed activity in...

In Wonderland what is, it wouldn’t be. The subject of this post has been made anonymous, as I’ve decided to release it to a wider audience. Said subject anonymized those he was critical of and so,...

Brent crude oil is holding steady at 81.50 USD per barrel on Tuesday, following a significant surge of over 2.5% the previous day. The price increase was driven by optimistic market expectations about...