Commodity Blog

Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities

Archives

Natural Gas Rises As Weekly Supplies Fall

Natural gas futures are trading higher after the US government reported that domestic inventories declined as the market had anticipated this week. Despite …

Oil Gains on Second Straight Drop in Crude Inventories

Crude oil futures are trying to muster up a rally midweek after the US government reported a decrease in domestic inventories for the second consecutive week. Oil …

Crude Oil Gains as Russia Announces Production Cuts

Crude oil rallied on Tuesday thanks to the news that Russia agreed to join production cuts after all. The positive general market sentiment, caused by the …

Copper Posts Gains Despite Slumping Chinese Demand

Copper futures are rallying on Tuesday, despite a mix of bad news for the industrial metal. In addition to a …

Gold Hovers Around Five-Month High Amid Market Rout

Gold futures are down to kick off the trading week, but they are hovering around their best levels in five months. The yellow metal …

Symmetrical Triangle on H4 Chart of Natural Gas

A symmetrical triangle pattern has formed on the 4-hour chart of natural gas. Being a continuation pattern, it suggests that prices will likely continue to go …

Commodities Technical Analysis, December 10th — December 14th

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 December 9th, …

Natural Gas Surges as US Posts Steep Weekly Supply Drop

Natural gas futures climbed more than 3% at the end of the trading week as the US government reported a bigger-than-expected weekly decline in domestic inventories. Natural …

Metals Fall amid Increasing US-China Tensions, Gold Stable

Almost all metals fell today amid risk aversion caused by the arrest of a top executive of China’s tech giant Huawei. Huawei CFO Meng …

Crude Oil Crashes as OPEC Doesn’t Finalize Production Cut Deal

Prices for crude oil logged big losses today as the Organization of Petroleum Exporting Countries failed to finalize the deal to cut oil production as a measure to buoy …

Navigation

Menu