Commodities Analysis & Opinion

Oil has found a little support over the last 24 hours, thanks to a stronger than expected draw on inventories. This has only led to a rejection off the trend line and lower lows look to be the...

Remember this chart that was passed around quite a bit earlier in the year? This chart has become important again as crude oil prices flirt with the $40/barrel level. Cash costs (variable operating...

Despite lower producer price indices and export data, as well as three consecutive devaluations of the Chinese yuan, the energy complex was spared an even greater drop by rumors of stimulus and freer...

The most widely followed commodities index, the Reuters/Jefferies Commodities Index (CRB), closed below its 2009 Global Financial Crisis low last week: (The CRB closed even lower yesterday due to...

Market fundamentalists tell us that prices convey information. Yet, while our barbers and hairdressers might be able to give us an extended account of why their prices have changed in the last few...

The price of oil in North America is in a free-fall: The price of WTI is below $42 and a barrel of WCS (Western Canadian Select or heavy crude produced from tar sands in Alberta and Saskatchewan) can...

For those who have been waiting until Gold's 'technicals' signaled a 'buy', the signal has been given:

The low oil prices engineered by OPEC in the last year are feeding several new Saudi refineries. The oil producing nations of the Persian Gulf have decided to produce petro products, not just crude...

Let me remind everyone that intermediate cycle lows (ICL), and especially yearly cycle lows in the metals are always hard to hold on to. Even if you catch the exact bottom, they usually resist for a...

This chart looks at the Reuters/Jefferies Commodity Index (CRB) on a monthly basis for the past 50 years The index took off in the early 1970s and rallied over 200% in a little over a decade at (1)....

An interesting dynamic has taken shape in gold in recent weeks. As price has continued to oscillate in a roughly $30 range between $1075 and $1105 sentiment has further deteriorated, here is a small...