For the benefit of the rolling cameras, Saudi Energy Minister Prince Abdulaziz bin Salman triumphantly declared that the rest of OPEC+ will keep to promised oil cuts till 2024 while the kingdom itself...
It’s what authoritarian regimes do when they want to black out information or silence news that’s inconvenient. And this week, OPEC, the oil cartel, showed similar despotic, or desperate...
After more than 6% loss for May, gas’ ability to resume upside is in question
Bears cite ever-rising output, throttled LNG exports, and weak demand for cooling
Bulls say potential global supply...
Trepidation over debt ceiling deal continues ahead of Congress passage
Oil, gold focused on U.S. May job numbers for clues on Fed’s June 14 decision
Meanwhile, market anticipates a Fed hike in...
With Alberta blazes under control, U.S. gas supply seen steadying, bears say
Bulls think wildfire disruptions to Canada gas flows will have lasting U.S. impact
Weekly storage build at 108 bcf; gas...
Saudi energy minister threatens more output cuts and pain for short-sellers
Market takes caution in stride though prices surge on U.S. weekly consumption
Supply-balance imbalance could tip prices the...
FCOJ entrenches position in club of double-digit commodity annual gainers
Orange juice up 29% on the year, could finish May in the black after 2 months of losses
Rabobank says sans overproduction in...
US debt crisis rolls on as Biden, McCarthy hold to their positions
Gold, oil soft in Monday’s Asian trade on wavering headlines for a likely debt deal
Fed remarks parsed as well for potential...
100-bcf storage builds are likely here; last week’s rise could last 2 more weeks
Gas bulls say trade is deceived by current output/ demand that could change
Technical charts show next target for...
Gold’s closing streak above $2,000 short-circuited by dollar, Treasuries
But a study of trading charts show gold’s upside probably chipped, not broken
Spot gold should not close below...