Commodity Analysis & Opinion

As OPEC+ aims to carry out production cuts, China announces more COVID curbs Slowing output in U.S. shale patch Permian Basin also limits oil’s downside Fed and BoE expected to announce 75-bps...

The relationship between the White House and Saudi leadership has soured tremendously since OPEC+, led by Saudi Arabia, decided to cut oil production against the Biden Administration’s wishes....

Henry Hub’s front-month back at above $6 after 4 weeks below that key level Market trapped between resistance of $6.28 and support of $5.80, charts show US storage likely grew by...

Cocoa prices have pulled away from 3-½ year lows despite recession risk Current $2,290/tonne price compares with March 2018 low of beneath $2,200 Friendly weather, abundant supply and growing...

In another example of market unpredictability, wheat futures are being hammered. The Russian invasion of Ukraine exasperated a supply shortage caused by coronavirus lockdowns. Russia and Ukraine are...

Heating oil down 11% from the week ended Sept. 30 through Oct. 21 Plunge came as first distillate stockpile build in 4 weeks met warm weather Charts indicate drop to $3.39 and below if next...

China’s flip-flops over COVID lockdowns are an anathema for crude traders Beijing’s September oil import of 9.79 million bpd was down 2% yoy More weakness if WTI holds below $90 and last...

As widely expected, the US administration yesterday announced a further release from the Strategic Petroleum Reserve (SPR). This will be the final tranche from the 180MMbbls announced earlier this...

Henry Hub’s front-month trades decisively below $6 vs. late August high of $10 More pain for gas longs as heating demand lower than year-ago bearish levels US utilities likely added a...

Cotton could finish year as third worst-performing commodity Cotton, which hit 18-month lows of under 82 cents per lb, could drop to 70 cents Despite plunge in Pakistani production, outlook for cotton...

Please find below the link to today’s Daily Technical Analysis of Energy covering Brent Crude Oil Futures &...

Gold is off to a good start to the week However, the metal's fundamentals remain unfavorable in the long term Technically, a test of the resistance area between $1660 to $1676 should be critical going...

Energy prices traded lower last week with macro pressures proving too much for markets. However, supply concerns remain, not just in the energy complex, but across the broader commodity spaceEnergy:...

In our latest insight piece, we examine what’s in store for the oil market after OPEC’s surprise October output cut.On 5 October OPEC+ announced that it would cut oil quotas by 2.0 million...