WTI Crude – Finding support on 95.3
Oil prices rallied earlier this week due to the tornado ravaging Oklahoma, the 5th largest producer ...
Gold Technicals – New resistance found at 1,382
USD enjoyed gains yesterday after 2 Fed officials James Bullard and William Dudley lent support to c...
Gold Technicals – 1,400 bridge too far for bulls
Yesterday's weakness in USD provided relief for commodities across the board which have been battere...
WTI Crude – Hitting 97.0 resistance once more
USD took a slight down turn yesterday due to the slight losses incurred on S&P 500 and Dow Jones...
Gold Technicals – Continuing lower as more traders bet on shorts
Gold continue to slide lower on this week open, heading closer towards the previous swing low back i...
New Biofuel Solution to Challenge Oil
Imagine a world where leftover corn, wheat and wood chips can be used to power your car. That's t...
Gold Short Sellers Reach Record High
Hedge-fund managers are making the biggest ever bet against gold as billionaire George Soros sold ho...
Nat Gas – Forecast suggest Widowmaker to remain below $4
According to a survey done by KPMG LLG Global Energy Institute, 73% of US energy executives believe ...
Gold Technicals – Accelerates lower towards 1,330
The selling continues. Gold is now heading towards yet another bearish break as price has now cleare...
Wheat: Price falling on expected increase in output
Wheat futures fell after speculations that global production will climb to a record re-emerged. This...
Corn Plantings Fallen to Record Low
Warm and dry weather in the U.S. Midwest on Wednesday will help boost corn plantings that have falle...
Soros Cut Gold Positions before Gold’s tumble
Billionaire investor George Soros joined Northern Trust Corp. and BlackRock Inc. in cutting holdings...
Gold Technicals – Bearish Pennant Broken, 1,400 eyed
The Bearish Pennant described yesterday is broken following today's selling which extended this week...
WTI Crude – Breaking 94.0 support
WTI Crude fell strongly yesterday, closing close to the 94.0 support on the back of the American Pet...
EU Regulators investigating Oil Price Fixing
Three of Europe’s biggest oil explorers are among companies being questioned by European antitrust...
Gold Technicals – Bearish Pennant Forming
Gold prices continued to trade lower following last week's bearish rejection confirmation. However d...
WTI Crude – Signs of Top But 94.0 Firm
WTI has been kept below 97.0 (96.8 to be exact) for the past 2 weeks despite the strong rally from m...
Oil Inventories Hitting Multi-Decade Highs
Well-supplied global oil markets - highlighted by U.S. inventories at multi-decade highs - are expec...
Gold Technicals – Bearish Rejection Pattern Confirmed
Last week was all about USD strength, and it is no surprise that Gold prices started to pull lower o...