Commodities News

Remote work was one of the changes bestowed upon us by the pandemic—and it may turn into a long-term trend. This trend was most visible in office jobs, but it was by no means...

Gold Weekly Price Analysis – June 12 Should the bulls break down $1,873 level, price may decrease to the support levels at $1,845 and $1,818. In case bulls push Gold to break up...

Saudi Aramco raised this week $6 billion via its first Islamic bond denominated in U.S. dollars, orders for which exceeded $60 billion, according to a document from one of the...

Momentum is positive

China National Offshore Oil Corp, the country’s top offshore oil and gas producer, expanded the construction of what will be the world’s largest liquefied natural gas or LNG...

US natural gas storage fields added just above the five-year average for the second consecutive week, but smaller builds due to greater power demand look likely for the rest of the...

Asian refining margins for 10 ppm gasoil rose for a second consecutive session on Friday as seasonal refinery turnarounds have tightened supplies, although regional demand...

Oil prices climbed on Friday as the IEA boosted optimism about global oil demand recovery.Friday, June 11th, 2021Oil prices showed modest gains on Friday, after a selloff on...

Norway is betting on offshore wind, hydrogen, and electrification to meet its commitment under the Paris Agreement, but its oil and gas sector will continue to play a major role in...

Bond investors fear a return of wildcatting and other risky moves by energy companies if oil prices continue to shoot higher during the COVID recovery.

SINGAPORE (Reuters) – Oil prices slipped on Friday but were set for their third weekly rise on expectations of a recovery in fuel demand in Europe, China and the United States as...

Oil prices are the highest in more than 2 years after climbing for a third week

The direction of the July WTI crude oil market into the close on Friday is likely to be determined by trader reaction to $70.29.

The talks about bringing Iran and the United States back to the so-called Iranian nuclear deal will resume on Saturday with divergences remaining, in what would be the last attempt...

The weather is expected to remain warm

The dollar rallies weighing on gold

The ten largest public oil firms in the world reported combined profits of $46 billion for the first quarter of 2021, thanks to higher oil prices this year, data compiled by...

Silver markets have gone back and forth during the course of the week during the last several days, but ultimately has settled with a slightly positive candlestick in what could be...

The crude oil markets initially pulled back during the week but continue to find buyers on dips as we are closing out the end of the week on a strong footing.

The natural gas markets have initially pulled back during the week but then shot higher to reach towards the $3.30 level.

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose this week, bringing the total rig count to 461 as U.S. drillers boast more than 100...

Gold markets have pulled back a bit during the course of the week but still look somewhat bullish overall as we have broken a major trendline. That being said, it looks like we...

One of the few markets that I follow that has been able to extend gains into the weekend is crude oil. This tells you just how bullish this market truly is.

Silver markets gapped just a bit higher during the trading session on Friday, and then started to go higher. However, we gave up most of the gains in order to finish quite a bit...