Commodities Analysis & Opinion

MEG Energy Corp. (TSX:MEG), an energy stock, climbed after announcing an asset sale to Wolf Midstream for C$1.61 billion.A billion-dollar asset transaction sparked a large price move for an energy...

In a recent press conference, Iranian oil minister Bijan Namdar Zangeneh discussed the state of Iran’s oil industry. It is difficult for analysts and traders to assess the true situation for...

The price differential between WTI (the U.S. benchmark) and Brent (the international benchmark) is shrinking. Last month Brent was $7 per barrel more than WTI, but this differential (often called a...

The members of the OPEC and non-OPEC joint ministerial monitoring committee (JMMC) met in Oman on Sunday to review recent oil production numbers and assess the overall compliance with their production...

Majid Jafar, CEO of Crescent Petroleum in the UAE said today, at the World Economic Forum in Davos that the price of oil could soar toward $80 by year-end on escalating risk of a significant producer...

Oil prices pared their earlier declines Thursday after the U.S. Energy Information Administration reported that domestic crude supplies dropped 6.9 million barrels for the week ended Jan. 12. Analysts...

After oil prices fell in 2014, China became the saving grace of oil exporters. Since 2014, China has been the world’s largest net importer of crude oil and oil products. (It became the largest...

Gold prices hit a four-month peak Monday as the U.S. dollar index slumped to its lowest in three years but analysts warned the greenback’s decline could be short-lived as it was not driven by...

The EIA’s newly released Short Term Energy Outlook is making headlines this week. The agency is forecasting higher U.S. oil production growth in 2018 and 2019. Specifically, the EIA forecasts...

The current heavy focus on cryptocurrencies has meant less of a spotlight on gold, which has been staging an impressive rally since mid December. It has seen the precious metal move from the strong...

Oil rose above $68 a barrel to its highest since May 2015 on Thursday after unrest in Iran raised concerns about supply risks, with support also coming from OPEC-led output cuts and demand-boosting...

By now we're likely all aware of the protests in Iran that have, in some cases, turned violent. Iranian protestors took to the streets beginning last week, originally to protest economic conditions...

Gold continues to make more comebacks than Mohammed Ali, confounding critics (myself included) and soaring $11 on Friday to recapture the 1300.00 level and close at its highs near 1305.00. The new...

Gold Continues To Advance Despite Interest Rate HikesAfter the dollar’s worst year since 2003, gold has been seeing its longest advance since mid-2011. The precious metal currently on its 12th...