Commodities Analysis & Opinion

To me, the most believable thing about the Saudis, Russians and the rest of OPEC meeting again is that they’ll be meeting again.Everything else is a big “if,” including production...

First they did it to oil. Next, they might do it to gold.Russia’s often underestimated strength as a global economic influencer is beginning to dawn on some investors as crude prices languish at...

COVID-19 has changed almost every way the world works. Governments are paying people to stay at home. Landlords are telling tenants to use rent money to settle other bills first. And Texas is telling...

It could well be time to short oil again.Last week, we expected oil to rebound toward $30, along with a rising flag. But conditions appear worse than we had anticipated after the commodity's...

Don’t worry about oil prices going to the teens. They already have, between Friday’s settlement and Monday’s open, in that black hole called electronic trading.As I write this, U.S....

First, thank the Federal Reserve, the ECB and other global central banks for their response to the COVID-19 pandemic. Then, the U.S. Senate and lawmakers around the world. Finished? Now, say thank you...

Like a Disney animation, gold suddenly seems to have transformed with the wave of a fairy pixie’s wand and sprinkle of magic dust.From a safe haven that looked anything but “safe”...

With XAU/USD rising for the third day, could gold be reclaiming its glittering crown? Several analysts, including those at Goldman Sachs, seem to think so. And the technicals appear to agree with...

Yes, we know that the headline may evoke some disparaging comments. Yes, we’re aware that there’s a global pandemic that's disrupting manufacturing lines and shipping supply chains, and we...

How long will it be before crude trades in the teens?It's a question without doubt in the minds of us all, though another question to be asked is what will happen to shale oil at those prices.West...

Over the last decade, Texas could only think of one thing to tell its oil industry: “drill, baby, drill!”Now, the Lone Star State is telling those same drillers: “slower, baby,...

For some longs in natural gas still shuddering at finding themselves at 25-year lows after this week’s 14% price collapse, I hate to be the bearer of this news: the worst isn’t over.The...

The price of oil just crashed to below $25.00 as we write this. That's right below the intraday low and $26.21 closing price of February 2016. It's also in line with the commodity's 17-year low hit in...

We live in the strangest of times where a 24 hour period can feel like 24 days. Just yesterday, I wrote that I wasn’t sure if Donald Trump’s acknowledgement of a potential recession...