Category: Commodities

Fed Meeting and Investment Optimism The Federal Reserve will begin its two-day policy meeting later, with market participants anticipating signals of future interest rate cuts. Traders are currently predicting a quarter-point cut in the first quarter of 2023 and believe there is a 50-50 chance it may happen as soon as March. The latest rate […]

Tensions Between the U.S. and Iran Pose Supply Risks Analysts warn that the U.S.-Iran tensions pose risks to global oil supply. Following a deadly drone attack by Iran-backed militants in Jordan, the first incident of U.S. military deaths since the Israel-Gaza war, Washington has pledged to take “all necessary actions” to protect its troops. If […]

Biden Administration’s Response President Biden has pledged a response to the attack and intends to hold those responsible accountable. Anas Alhajji, an independent energy expert at Energy Outlook Advisors, believes that any retaliation by the Biden administration is unlikely to impact the oil markets. He emphasized that the U.S. cannot take action that would drive […]

Hong Kong Court Orders Liquidation of China Evergrande Group A Hong Kong court ruling on Monday mandated the liquidation of China Evergrande Group (HK:3333), the world’s most indebted property developer. This decision deals yet another blow to investor confidence, exacerbating concerns surrounding China’s struggling real estate sector and its impact on the broader economy. China, […]

Impact on U.S. LNG Exports and Projects The United States became the largest LNG exporter in the first half of 2022, driven by increased LNG export capacity, international natural gas prices, and global demand, particularly from Europe. In November 2023, the U.S. set a new record for LNG exports, reaching 386.2 billion cubic feet. With […]

China stimulus boosts Hong Kong and Shanghai Cieszynski noted that the recent surge in oil prices was partly due to China’s stimulus measures, which provided a boost to both the Hong Kong and Shanghai markets. The attacks in the Middle East have led to retaliatory strikes on Houthi targets by the U.S. military and its […]

Uranium Prices Rise Despite Fukushima Disaster The peak in uranium prices occurred nearly four years before the 2011 Fukushima nuclear disaster in Japan, which had a long-lasting impact on uranium prices. Nevertheless, Scott Melbye, Executive Vice President at Uranium Energy Corp, highlights the industry’s robust growth phase, driven by the global acceptance of nuclear power […]

Impact of Inventory Decline on Natural Gas Futures The absence of a more shocking headline draw in nat-gas storage, given worries of a possible record draw leading into the report, has resulted in nat-gas futures giving back their big gains from earlier in the day. Tyler Richey, co-editor at Sevens Report Research, shared that despite […]

Favorable Economic Data and Market Trend The U.S. economy outperformed expectations in the fourth quarter, with the release of data earlier on Thursday indicating robust activity in the world’s largest energy consumer. Gross domestic product (GDP) expanded at an annual rate of 3.3%, surpassing the predicted mark of 2.0%. Although this represented a slight drop […]