Commodities Analysis & Opinion

The oil market rallied yesterday on the back of a constructive OPEC report. Today, all attention will be on the IEA’s monthly oil report and whether the agency shares the same view as OPECEnergy...

The USDA’s latest monthly WASDE report was constructive for wheat as adverse weather in Australia, Canada and the EU is expected to tighten global supply. However, the release was more bearish...

Record shortages are expected in the platinum market Meanwhile, the US Department of Defense has committed to increasing nickel supply Palladium prices are at their lowest since 2018 The year 2023 has...

Core CPI seen at 4.3% year over year, slower than July’s 4.7% growth Headline CPI growth could drive Dollar Index to 105, gold below $1,900 If headline inflation comes in weaker, Dollar Index...

Since my last analysis, natural gas futures have proven that the $2.5 support level is a prudent trading range between $2.5 and $3.5.On the first trading session of this week, there was a check, and...

Upon in-depth analysis of the movements of the Gold futures in the 4 Hr. chart, I find a thick presence of big bears above $1953 as the recently announced job data indicates that the bears may remain...

Raw sugar is up four weeks in a row, gaining 10% and hitting 5-month highs Supply woes in India to Thailand could give this sugar rally legs The longer-term target would be a 2011 high, just like...

Oil bulls seek to keep a barrel at a high $90 despite inflation on the rise Aside from Wednesday’s U.S. CPI, traders on lookout for OPEC, IEA reports Indication of demand will be key, with...

Gold prices have remained stagnant in a $15 range due to market uncertainty following the August U.S. jobs report. The Dollar Index's recent strength is weighing on gold, and its short-term...

Despite weak fundamentals, it seems that natural gas futures are indicating a price reversal that is likely to occur against all odds. The base formation at $2.502 appears to be near completion on...

Previous week’s 32-bcf build, while small, is below 5-year average of 51 bcf  After weeks of huge misses on estimates, last week’s variance in data was smallest Analysts are calling...

India halts rice imports amid shortage concerns in the domestic market Cocoa prices surge due to weather and political factors Sugar prices are on the rise as reduced production expectations...

The oil market had largely expected the Saudis and Russians to extend supply cuts. What was unexpected was extending these cuts through until year-endEnergy – Saudi Extends CutsThe oil market...

Cocoa delivered 40% return to longs this year  Compounded gain for the 12-month rally is now above 55% Market looks overbought; Could fall to $3,000 though run up to $3,826 possible first As the...