Analysis :  U.S. Gasoline Marketers May Face Tough Demand Challenge in June -- OPIS

Analysis : U.S. Gasoline Marketers May Face Tough Demand Challenge in June -- OPIS

Baseball fans are familiar with the term June swoon. And U.S. refiners and fuel marketers are worried that description could apply to their businesses should gasoline demand remain weak. ...
May 15, 2024 at 05:26 pm EDT
ICE Canada Weekly Outlook :  Strong Market Running Into Resistance

ICE Canada Weekly Outlook : Strong Market Running Into Resistance

WINNIPEG, Manitoba--ICE futures canola contracts ran into resistance after hitting their highest levels in five months on May 13, with a fresh catalyst likely needed to keep values pointed higher....
May 15, 2024 at 05:00 pm EDT
Investors abandon bullish case for US gasoline:  Kemp

Investors abandon bullish case for US gasoline: Kemp

U.S. gasoline prices and refining margins have come under pressure as inventories deplete more slowly than normal for this time of year, indicating supplies are plentiful, and undermining the bullish...
May 15, 2024 at 03:59 pm EDT
Nymex Overview :  Gasoline Futures Rise Following EIA Report -- OPIS

Nymex Overview : Gasoline Futures Rise Following EIA Report -- OPIS

Gasoline futures were advancing while crude and diesel contracts bounced off earlier declines to struggle close to positive territory Wednesday following the release of bullish federal inventory...
May 15, 2024 at 12:21 pm EDT
Commodities Overview:  Oil slips, copper rises and wheat soars

Commodities Overview: Oil slips, copper rises and wheat soars

Each week, the Commodity Overview provides an outline of the latest developments in the commodities markets to help you better understand the fluctuations in the prices of energy, metals and...
Our Logo May 15, 2024 at 11:39 am EDT
DEUTSCHE BANK SAYS THEY ARE DOWNGRADING OUTLOOK FOR PGMS…

DEUTSCHE BANK SAYS THEY ARE DOWNGRADING OUTLOOK FOR PGMS…

DEUTSCHE BANK SAYS THEY ARE DOWNGRADING OUTLOOK FOR PGMS ...
May 14, 2024 at 07:52 am EDT
Tin prices may see further support from supply risks, rate cuts, analysts say

Tin prices may see further support from supply risks, rate cuts, analysts say

Tin prices, which have rallied in recent months to near two-year highs, could be bolstered further by supply disruptions, ongoing geopolitical conflicts, fund inflows in the event of interest rate...
May 14, 2024 at 02:01 am EDT
Formerly bullish investors dump oil as demand disappoints:  Kemp

Formerly bullish investors dump oil as demand disappoints: Kemp

Investors sold petroleum futures and options in the most recent week at the fastest rate for a year as the war risk premium continued to evaporate and the anticipated strong recovery in consumption...
May 13, 2024 at 09:00 pm EDT
China's commodity imports show prices beat economic narrative:  Russell

China's commodity imports show prices beat economic narrative: Russell

China's imports of major commodities for April show the impact of price trends, with strength where prices were trending down and weakness where prices were moving higher. The temptation...
May 13, 2024 at 08:00 am EDT
China's commodity imports show prices beat economic narrative:  Russell

China's commodity imports show prices beat economic narrative: Russell

China's imports of major commodities for April show the impact of price trends, with strength where prices were trending down and weakness where prices were moving higher. The temptation...
May 13, 2024 at 12:39 am EDT
Renewable fuels take bite out of US diesel consumption:  Kemp

Renewable fuels take bite out of US diesel consumption: Kemp

Biodiesel and other renewable diesel fuel oils are displacing a small but growing volume of petroleum-derived distillate fuel oil in the United States, especially in California and other parts of the...
May 10, 2024 at 08:24 am EDT
Are 2024 Chicago corn futures mimicking those of 2014? -Braun

Are 2024 Chicago corn futures mimicking those of 2014? -Braun

Industry analysts spent much of 2023 deciding whether new-crop Chicago corn futures were tracking more closely with 2012 or 2013, though 2013 was certainly the better analog in the end. ...
May 08, 2024 at 08:51 pm EDT
Goldman Sachs sees OPEC+ unlikely to raise production at June meeting

Goldman Sachs sees OPEC+ unlikely to raise production at June meeting

Goldman Sachs on Wednesday said they no longer expect OPEC+ to announce a partial unwind of voluntary production cuts in June. The bank said inventories have recently surprised to...
May 08, 2024 at 05:06 pm EDT
ICE Canada Weekly Outlook :  Uptrend Intact, Weather Conditions Being Watched

ICE Canada Weekly Outlook : Uptrend Intact, Weather Conditions Being Watched

WINNIPEG, Manitoba--ICE Futures canola contracts climbed to their highest levels of 2024 in early May before taking a step back on May 8. While the uptrend is still intact, improving moisture...
May 08, 2024 at 05:06 pm EDT
Corn Futures Drop as Caution Rules Ahead of WASDE -- Daily Grain Highlights

Corn Futures Drop as Caution Rules Ahead of WASDE -- Daily Grain Highlights

By Kirk Maltais -- Corn for July delivery fell 1.7% to $4.59 1/4 a bushel on the Chicago Board of Trade on Wednesday, falling as traders get their books in order ahead of the Friday USDA...
May 08, 2024 at 03:55 pm EDT
ICE Review :  Canola Weakens Wednesday

ICE Review : Canola Weakens Wednesday

WINNIPEG, Manitoba--The ICE Futures canola market was weaker on Wednesday, with profit-taking after recent gains behind some of the selling pressure. Widespread Prairie rains contributed to the...
May 08, 2024 at 03:40 pm EDT
US gas surplus will be eliminated before end of winter 2024/25:  Kemp

US gas surplus will be eliminated before end of winter 2024/25: Kemp

U.S. gas inventories are near record highs for this time of year after exceptionally mild temperatures linked to the El Nino weather phenomenon slashed gas and electricity consumption for heating...
May 08, 2024 at 01:04 pm EDT
Haitians brace for more rain after downpours kill 13

Haitians brace for more rain after downpours kill 13

Heavy rains are expected to continue across Haiti on Friday, the national weather service said, after killing at least 13 people in the north and damaging thousands of homes. If you...
May 03, 2024 at 03:41 pm EDT
The anomaly behind gold

The anomaly behind gold

Gold, often seen as a safe haven in times of economic and geopolitical uncertainty, saw its price reach all-time highs in the first quarter of 2024. This rise was fuelled by growing global demand,...
Our Logo May 02, 2024 at 05:01 am EDT
Goldman Sachs Now Sees Dip to $84/Bbl for December Brent Crude -- OPIS

Goldman Sachs Now Sees Dip to $84/Bbl for December Brent Crude -- OPIS

The commodities team at Goldman Sachs still believes that holding long positions in Brent crude will be profitable, but in a departure from 2023 leanings, the bank said that Brent prices may dip...
April 30, 2024 at 12:00 pm EDT
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