Commodities news

Oil turns bullish but WTI faces its key resistance range once again
US crude price moves back above $80 per barrel but resistance looms ahead.
16:17, 25 June 2024
Market analysis: Oil and Natural Gas update
Oil and Natural Gas prices storm higher but face resistance up ahead
11:09, 13 June 2024
Oil Prices plummet amid rising inventories and OPEC+ decision spooking investors
US crude prices dropped to a four-month low after data showed rising inventories and OPEC+ announced production increases
15:05, 5 June 2024
Market analysis: Gold struggles to find direction, Silver fails to hold its gains
Gold and Silver turn dovish ahead of the US jobs data
14:08, 4 June 2024
Gold and Silver recover from last week’s pullback but face resistance ahead of US PCE
Gold and Silver move higher after last week’s pullbacks but the precious metals are struggling with resistance ahead of the US PCE release.
15:32, 28 May 2024
Brent Retreats Below 200MA Ahead of Key Reports
With OPEC's Oil Market Report set for release on Tuesday and the International Energy Agency's Oil Market Report on Wednesday, volatility looms over crude prices this week. Let's delve into the technical landscape of Brent Crude, the international oil benchmark, as we approach these pivotal reports.
12:54, 13 May 2024
Gold: A Coiled Spring Ready to Unwind
As gold prices recalibrate in recent weeks, let’s explore pivotal levels worth monitoring for potential trend continuation and mean reversion trades.
10:34, 9 May 2024
Industry oil barrels or chemical drums stacked up
Oil slips back into key range despite surprise US crude inventories drop
US crude prices drop back into a key area of resistance/support even after US inventories drop for the first time in a month
15:41, 24 April 2024
Oil pumping machinery in operation with barrels and digital screen with world map and financial chart graphs and indicators, natural resources stock market concept.
Oil spikes higher, global shares drop as Israel attacks Iran
Risk off sentiment intensifies in markets as news breaks that Israel has attacked Iran
09:46, 19 April 2024
Oil pump oil rig energy industrial machine for petroleum in the sunset background
Oil moves higher as geopolitical risks escalate, WTI faces key resistance range
Increased tensions between Russia and Ukraine lead to higher risks of supply disruptions
10:52, 25 March 2024