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OPEC meeting likely to maintain Dec output targets, weighing on crude prices Projected Fed rate hike of 25 bps to lead action across markets, including in gold US December jobs report, along with...
Movements in the Gold futures contracts since Jan. 19, 2023, indicate a reversal as the gold futures continue to struggle below $1937.40 to find a breakout above the significant resistance at $1950.On...
Movements in the natural gas futures contracts in the last week indicate a reversal is still on the card as the buying was visible below $ 2.774, despite continuous selling by Hedge funds in three...
Arabica hit a 3-week high after the 20-month bottom of $1.42 a lb on Jan. 11 Production in top coffee grower Brazil is overrated, say analysts Trader Volcafe says world expected to face 3rd straight...
GoldGold prices are on track to post losses this week, mainly for two reasons. Firstly, this week, we have seen strong US economic data, which indicates that the US economy is faring much better than...
Movements in the natural gas futures contract since the breakdown below $3 indicate a sharp reversal could start soon after the inventory announcement tomorrow.The commodity stayed under selling...
U.S. oil production could be flatlining at about 12.1 million bpd in 2023 Even if they manage to drill more wells, U.S. producers would likely be stuck with oil they cannot transport Conversely,...
With $3 support taken out and gas at the $2 territory, some are suggesting a drop to $1 levels Weather forecasts signal a February freeze that could flip the market’s direction Technicals...
Movements by the natural gas futures since Dec. 13, 2022 indicate a steep fall from $6.871, amid messy weather announcements, remained noisy as the natural gas prices hit a new low below $3 this...
Virtually all components of the traditional Western breakfast have risen sharply since the Pandemic Orange Juice is one of the biggest culprits, more than doubling in the last two years Here are some...
China’s Lunar New Year holiday brings both trepidation and excitement to oil Chinese factories close a week at least, causing a temporary blip in crude demand On reopening, Chinese demand for...
Analysis of natural gas futures in a weekly chart indicates that despite an 81-degree fall in natural gas prices in the last nine weeks amid warm weather conditions at this time of winter seems to be...
It seems that all too often lately the gold mining sector is in tow with commodities in general and broad global stocks in its ups and downs. As a leader, but not THE leader of the rally that is fine...
China’s worsening COVID woes might limit copper rally, outlooks say Possibility of US, European recessions add to global complications for metal LME copper could round year out by averaging...
With global demand expected to grow, the central question for traders is whether oil supply will be able to meet demand in 2023 EIA forecasts that global oil production will grow by 1 million bpd,...