Commodities Analysis & Opinion

Frozen concentrated orange juice futures hit record highs at $2.67 a pound, could breach $3  Florida’s oranges see multi whammy of storms, frost, “crop greening” and realty...

Gold stocks are pulling back from the overbought risk area, as anticipated. Let’s take a look at a rarity for me; a public article discussing a nominal technical situation rather than bopping...

The price of gold stopped just short of hitting $1,960 an ounce last Thursday, its highest level since April 2022, before plunging below $1,900 on Friday following a stronger-than-expected U.S. jobs...

$2 support is the last major defense line for gas longs; market is now around $2.40   US gas storage seen up 12% year-on-year, despite last week’s forecast draw If gas goes below $2,...

The oil market rallied yesterday partly driven by supply concerns related to the halting of operations at the Ceyhan export terminal. However, these worries should subside with Turkey ordering the...

Global copper supply being squeezed, major deficit forecast through 2030 Copper prices are down in Feb., after three months in the green Near-term copper story dictated by China vacuum on data,...

Movements in natural gas prices since Feb. 3, when the futures tested a multi-year low at $2.341 after a sudden jerky move from $2.514, make this level a pivotal point both for the bulls and bears as...

Powell to address the Economic Club of Washington DC at 12:00 ET (17:00 GMT) Fed Chair could express surprise at the resilience of January non-farm payrolls Powell could also say Fed’s target...

Impact of January US jobs report still making its way through markets Worry about how Fed’s rate-hike consolidation will go weighs on investors Oil, gold make nominal advance; Powell’s...

Undoubtedly, there is no official data on hedge funds pushing the natural gas futures to much lower levels, whispers are of a likely surge instead as traders have seen the lows hit by WTI Crude when...

In a piece I wrote on Jan. 28, I warned about growing hopes for retesting $2000 could lead to a fake breakout shortly to trap gold bulls as the retesting of $2000 seemed likely until the Federal...

Gold futures reached a 9-month high of $1,975; spot gold at nearly $1,960 A weaker-than-expected reading for nonfarm payrolls could help gold reach $2,000 The Dollar Index is at a 10-month low of...

Gold PriceThe precious metals price action is expected to be a wild one today, and this is because the US NFP number is likely to bring higher volatility for the metal. Again, a strong reading may...

BP has recently released its 2023 Energy Outlook The energy giant says oil demand will likely decrease or plateau in the years ahead However, there’s no actual indication of that happening, and...