Commodity Blog
Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities
Positive Fundamentals Lead to Daily & Weekly Gains for Crude Oil
January 18, 2019 at 21:25
Oil
Prices for crude oil rallied strongly on Friday due to a range of positive fundamental factors. The commodity was also heading to weekly gains.
One of such factors …
Gold Poised for Weekly Loss As Risk Appetite Reignites
January 18, 2019 at 15:53
Gold
Gold futures are tumbling at the end of the trading week and are on track to record a tepid weekly loss. With optimism over a potential
Natural Gas Surges 4% on Big Drop in US Supplies, Brutal Cold
January 17, 2019 at 16:12
Natural Gas
Natural gas futures surged as much as 4% on Thursday after the US government reported a steep decline in domestic inventories of the energy supply. Natural gas prices …
US Crude Prices Fall on Surging Fuel Stockpiles
January 16, 2019 at 16:15
Oil
US crude oil futures are tumbling midweek after the US government reported a
Copper Pares Early Gains on ‘Little Progress’ in US-China Trade Talks
January 15, 2019 at 16:11
Copper
Copper futures are paring their early gains on Tuesday after it was reported that negotiators saw “little progress” in
Crude Oil Prices Down More than 1% on China’s Data
January 14, 2019 at 20:13
Oil
Prices for crude oil dropped more than 1% today after disappointing trade data released in China. While the Chinese trade balance surplus …
Gold Edges Up on Weaker Dollar, Capped by Chinese Data
January 14, 2019 at 17:25
Gold
Gold prices edged up to kick off the trading week, buoyed by a tumbling US dollar. But the gains, which …
Commodities Technical Analysis, January 14th — January 18th
January 13, 2019 at 10:15
Technical Analysis
The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continous charts as of January 13th, …
Soybean Rises on Improved Chinese Import Outlook
January 11, 2019 at 16:11
Soybean
Soybean futures are rising modestly at the end of the trading week, buoyed by an improved import outlook from the …
Metals Decline as Dollar Rebounds
Metals declined today due to the rebounding US dollar. While the currency fell yesterday on dovish monetary policy minutes released by the Federal Reserve, the greenback managed …