Commodities Analysis & Opinion

Dollar and bond yields bounce back Investors await key US data and question the ‘Fed pivot’ trade Bulls must defend $1700 support or is game over This morning saw gold and especially...

The Organization of Petroleum Exporting Countries (OPEC) and its partners from the Declaration of Cooperation (known as OPEC+) are scheduled to meet on Wednesday, Oct. 5. According to OPEC delegates,...

Gold back at $1,700, first time since Sept. 14 after near 2% gain over five days Monday’s rally in gold fired by poor US factory activity Gold bulls hope US data gets worse throwing Fed off...

Crude starts Q4 up 3% on bets of a major OPEC+ cut Cut would follow September’s nominal 100,000 bpd reduction Waving a red flag to oil bulls, the US dollar goes into rally mode Oil bulls are...

LME is weighing a ban on Russian-origin metals A ban will expose the 145-year-old exchange to legal challenges Could be an opportunity to make long bets on these metals “In commodities, anything...

The Federal Reserve Bank of Dallas' third quarter energy survey was released yesterday (Sept. 28). It provides an interesting look at oil and gas production in the most productive onshore region in...

Oil was volatile on Wednesday as bulls and bears traded opposing themes. The dollar rose 0.4%, advancing for the seventh straight session to the highest since May 14, 2002. Given that oil is priced in...

Wheat jumps 1.5% right after Putin drafts Russian farmers for Ukraine war Market up for second straight month, rising 7% from July’s close. Global grains data shows world heading for tightest...

Oil prices down for fourth straight month Headed for first quarterly loss in two years Technical charts suggest bears could press for $72 low before September ends But a rebound could propel US crude...

Cotton jumps 17% in August but then gives all back Charts suggest an immediate weakening back to July bottom of under 83 cents But cotton could also rebound to recapture highs of $1.1085 Prices and...

Gold traders had a wild ride in Wednesday's trade after the US Federal Reserve Fed hiked interest rates another jumbo 0.75%, making it the third hike in a row for the US central bank. The yellow...

Concerns are growing over the state of US oil production, particularly as the fate nears for implementation of the US and EU sanctions against Russian oil. Unless the US and EU reverse their policies,...

Record production of 100 bcf/d mitigates threat of a winter supply squeeze Milder temperatures heading into fall suggest less need for air-conditioning  Bull case led by Putin’s renewed...

Oversold conditions make gold vulnerable to fierce short-covering Supportive buying from lows can start recovery towards $1,680-$1,685 and more Breaching the long-held $1,681 floor of support, the...