Goldman Surprised by Sudden Oil-Market Turn

Published: 16 May, 2016 12:00

The global oil market has flipped to a deficit sooner than Goldman Sachs Group Inc. had expected.

A decline in production driven by unexpected supply disruptions, as well as sustained demand have led to a “sudden halt” to the market surplus, Goldman wrote in a report dated May 15.

The bank’s report, written by analysts including Damien Courvalin and Jeffrey Currie, prompted Goldman to raise its U.S. crude price forecast to $50 a barrel for the second half of 2016 from a $45 estimate in March.

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Oil Isn’t the Only Commodity Threatened by Rise of Electric Cars

Published: 9 May, 2016 10:56

The rise of electric cars and fall of diesel technology threatens an industry from South Africa to Siberia.

The bold plan by Tesla owner Elon Musk to produce 500,000 electric cars every year starting in 2018, promise to disrupt yet another market – platinum.

But it’s not just Tesla. More or less every car manufacturer is rushing to introduce electric cars to end use of petrol and diesel.

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Gold Keeps Shining in the Best Rally in Two Months

Published: 2 May, 2016 13:00

Nothing seems to be slowing down the gold market, even when speculators take a step back.

Bullion has been on a tear, with futures last week posting the biggest advance in two months. Hedge funds missed the party, reducing their wagers on a rally by the most since they turned bullish in January.

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Promising Gains for Gold, but Will it Continue?

Published: 26 January, 2016 15:11


In a week looking set to be all about the weakening U.S. dollar and plummeting oil prices, gold futures have regained ground to find themselves back at $1,100–an–ounce level on Monday.

Going Gold

Not entirely unrelated to the weakening greenback, the yellow metal gained 0.8% early this week to reach a high of over $1,105. Though this gain falls short of the $1,108.90 session high, it does continue the upward trend from last week where it gained a half percent. This is particularly promising for the yellow metal in a period where almost every other asset class has fallen victim to increased volatility.
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Oil and Gold: Storm Clouds Gathering

Published: 21 December, 2015 12:50

Oil Hits an 11-Year Low

While this may not be a real surprise to professional online commodity traders, the fact that the price of Brent crude has dropped to levels not seen since the recession of 2008 has some investors questioning how low it may go.

Many technical analysts have pointed out that due to an excess of supply combined with steady OPEC production rates, support levels could still be a long time off.
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Stagnation is the Name of the Game in Terms of Oil and Gold

Published: 9 December, 2015 16:24


In recent news, it has been shown that mining prices have taken massive hits with some companies such as Anglo American down nearly 22 per cent since the start of trading this week. Such negative movements serve to underpin the fact that online commodity trading experts still feel that there is a glut in terms of supply versus demand.

In turn, both oil and gold have once again entered into a more bearish territory (if ever having left this region to begin with during the past few months).
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Poor performances for Gold and Oil trading circles

Published: 1 December, 2015 12:07

Gold: A Long Winter Ahead?

The bears have once again taken centre stage in terms of online gold trading. However, this is not all bad news for short-term commodity investors.

One of the main reasons for relatively positive news is that it is now widely believed that the Federal Reserve of the United States will raise its interest rates.
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Oil and Gold Prices Rise in the Aftermath of Paris Terrorist Attacks

Published: 19 November, 2015 11:25


In the wake of the Paris terror attacks on Friday 13th November 2015, gold and oil prices rose while other markets such as travel and tourism-related stocks fell.

On Monday 16th November, the BBC reported that gold prices had risen by 1% since the attacks, while oil prices also rose as the market reacted to concerns about oil availability following the French air strikes in Syria.
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All that glitters may not be gold

Published: 10 November, 2015 12:36


Following what can only be called a massive downturn during the past year, futures in oil have failed to emerge from their continual slide. This is the fourth straight session of losses and many online commodity trading experts point to the questionable data out of China as the primary cause.

Should the second-largest economy in the world prove to be waning in terms of energy demands, oil may very well be in for a rough ride in the weeks and months ahead.
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Commodites Hit as China Flounders

Published: 24 August, 2015 11:39

A Golden Exodus?

The focus of online commodity trading news has centred around the events in China over the past few days. With the Shanghai Composite Index falling no less than 8.5% before slightly rebounding, investors in precious metals such as gold have been selling off some of their holdings in order to recuperate losses. As this metal has been performing considerably well over the past month, it only makes sense that such a liquidation occurred. However, some wonder as to whether or not online commodity traders will seek to buy back their holdings with the continued volatility of the markets. While China has announced that it is reducing its interest rates by 0.25%, some experts wonder if this will be sufficient to bolster their weakening economy. Thus, we may very well see a resurgence in gold prices as investors once again look for a traditional safe haven against the open markets. Read the full news post >>