Commodities News

Gold prices ended the week with little change on the day, and little change when compared to last Friday’s close.

The oil industry is in a terminal decline, hedge fund manager James Jampel told Bloomberg on Friday, noting that this year’s rise in oil stocks has been “the biggest dead-cat...

Silver moved sideways on Friday, forming a doji day despite a stable dollar and rising yields. The greenback was able to gain traction as yields surged

China’s National Energy Administration (NEA) on Friday proposed providing support for coal and oil companies to build solar power and other clean energy generation projects with...

At the current pace of policy change and decarbonisation, the long-term oil and gas demand outlook for Asia looks remarkably robust. Under Wood Mackenzie’s base case energy...

When it comes to the trading of LNG cargoes, why do stakeholders see long-term and spot as two separate markets? To answer this question, one can examine the differences in the...

Based on our September Short-Term Energy Outlook, we expect industrial sector natural gas consumption to rise throughout 2021 and to exceed pre-pandemic 2019 levels. We forecast...

After months of stalling because of Covid restrictions and OPEC cuts, as well as significant international criticism over misplaced funds, Nigeria appears to be optimistic about...

U.S. West Texas Intermediate crude oil futures are edging lower on Friday, but still holding on to their weekly gains. The price action suggests profit-taking is taking place ahead...

Natural gas prices rallied sharply, rising more than 3.2% and demand continues to outstrip supply. The weather is expected to remain warmer than average

LONDON (Reuters) -Oil prices steadied on Friday near a two-month high of $77.50 a barrel and were headed for a third straight week of gains, supported by global output disruptions...

Oil prices are heading for another weekly gain as supply disruptions led to tighter supply. The risk of traders taking profits, however, could push prices lower.  Friday, September...

1. Oil Supply Disruptions Set To Ease- With September seeing crude supply disruptions across continents, the upcoming months should bring most of that idled capacity back, also...

Crude oil markets initially fell during the course of the week but then turned around to show signs of life again. By doing so, the market looks as if it is ready to continue to go...

The crude oil markets have rallied a bit during the course of the trading session on Friday, to close out the week on the highs as momentum continues to pick up.

The number of oil and gas rigs in the United States rose by 9 again this week, according to Baker Hughes The total rig count is now 521, up 260 from this time last year, but...

Natural gas markets have fallen significantly during the course of the week only to turn around and form a hammer. The hammer of course contradicts the shooting star from the...

Gold markets have initially rally during the course of the week but failed at the 50 week EMA. At this point, the market has formed an inverted hammer, and therefore it is likely...

Silver markets have gone back and forth during the course of the trading session on Friday, testing the $22 level for major support.

Natural gas markets have gapped higher to kick off the week, but then turned around to show signs of hesitation. That being said, the market is likely to continue to see a lot of...

The gold markets have rallied just a bit during the course of the trading session on Friday, as we continue to see support just below at the $1750 level.

The dollar rallied

USD/CAD faced resistance at 1.2730 and moved below the 20 EMA.