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Reaching The End Of Offshored Industrialization
Article By:
Gail Tverberg
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Tuesday, May 21, 2024 4:00 PM EDT
Moving industrialization offshore can look like a good idea at first. But as fossil fuel energy supplies deplete, this strategy works less well.
In this article: OIL
The Commodities Feed: Record Highs For Copper
Article By:
ING Economics
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Tuesday, May 21, 2024 5:42 AM EDT
Copper has hit new record highs this week as speculators jump into the market on expectations of tighter fundamentals. However, short-term fundamentals remain less constructive, which casts doubts over how sustainable the recent rally is.
EPD: How Dividend-Paying Energy Stocks Can Offset Pain At The Gas Pump
Article By:
MoneyShow.com
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Tuesday, May 21, 2024 2:40 AM EDT
Since I’m not ready to change my driving habits, I ran the numbers to see how much my oil company dividends would offset some of my gas expenses. I’ll use my favorite MLP for over a decade, Enterprise Products Partners LP (EPD)
In this article: EPD
Trade Protectionism In Renewables Could "Haunt" The Industry, Chinese Solar Execs Claim
Article By:
Tyler Durden
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Monday, May 20, 2024 8:40 PM EDT
Solar executives in China are railing against the U.S. and Europe over trade protectionism, claiming that the West should instead “let the best technology win” in their respective markets.
Elliott Wave Technical Analysis: Chevron Inc.
Article By:
Peter Mathers
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Monday, May 20, 2024 9:40 AM EDT
CVX appears to be completing a potential triangle formation in wave {iv}. Once this triangle is completed, we expect an upside resumption in wave (i) of {v}.
In this article: CVX
Commodities’ Performance Lead Widens Over Markets In 2024
Article By:
James Picerno
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Monday, May 20, 2024 7:26 AM EDT
Last week’s strong rally in commodities expanded the performance lead for the asset class over the rest of global markets, based on a set of ETFs through Friday’s close, May 17.
In this article: GCC
The Commodities Feed: Metals Surge Higher
Article By:
ING Economics
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Monday, May 20, 2024 3:23 AM EDT
It’s all fun and games in metals markets as prices for several metals surge higher. In contrast, the oil market remains rangebound, awaiting news on OPEC+ output policy for the second half of 2024.
Elliott Wave Technical Analysis: Natural Gas - Monday, May 20
Article By:
Peter Mathers
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Monday, May 20, 2024 12:00 AM EDT
Natural Gas has extended its recovery from the February 2024 low, and the commodity is now anticipated to rise further in an impulse Elliott wave pattern.
In this article: UNG
Hedge Fund Positions, The Future Through Futures, And Other Insights From CoT Report
Article By:
Paban Pandey
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Sunday, May 19, 2024 10:42 AM EDT
On Wednesday through Friday, the Russell 2000 (2096) rallied north of 2100 in each session intraday but closed the week just shy of that level. For over two months now, the small cap index has failed to decisively clear 2100, which is important.
The Inflationary Energy Transition
Article By:
Simon Lack
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Sunday, May 19, 2024 9:30 AM EDT
Ominously for President Biden, opinion polls consistently show voters are unhappy with his economic stewardship. The surge in inflation in 2022 didn’t help, but after believing it to be transitory the Fed responded and it’s now back down.
Crude Oil Weekly Forecast: Lower Value Tested And Limited Buying Ignited
Article By:
Robert Petrucci
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Sunday, May 19, 2024 9:15 AM EDT
The price range of WTI Crude Oil was a rather polite affair for speculators this week after mid-term lows were challenged on Wednesday of this past week.
In this article: UCO
Crude Oil Market Outlook: Stability Amidst Geopolitical And Supply Dynamics
Article By:
Stephen Innes
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Saturday, May 18, 2024 10:10 PM EDT
On the geopolitical front, the risks have moderated.
WTI Pushes Into Fresh Weekly High Late Friday As Crude Oil Recovers Ground
Article By:
Joshua Gibson
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Saturday, May 18, 2024 12:13 PM EDT
WTI testing towards $80 per barrel as energy markets step higher. Risk appetite is on the rise, bolstered by rate cut hopes. Easing US inflation data and declining US Crude Oil reserves spark barrel bids.
In this article: WTII