Commodities

Oil Market’s Stability Hinges On Sunday’s Doha Meeting

Following a scheduled meeting in the deserts of Doha, Qatar on Sunday, global oil markets will have more clarity about where some of the world’s biggest producers stand on their willingness to help ease the global supply glut that’s plagued the market for nearly two years.

Peabody Energy Files for Bankruptcy Protection

Peabody Energy, the world's largest privately owned coal producer, filed for U.S. bankruptcy protection on Wednesday in the wake of a sharp fall in coal prices that left it unable to service a recent debt-fueled expansion into Australia.

CSX Profit Dragged Down by Coal

No. 3 U.S. railroad CSX Corp said on Tuesday that lower freight, in particular a 31 percent drop in coal volumes, had hurt its first-quarter profit and still expected coal to weigh on earnings throughout 2016.

ETFs For a Dovish Fed

The Federal Reserve is slated to release minutes of last month's meeting today, clarifying the central bank's decision to stand pat on interest rates.

Gold Shines Bright: Biggest Quarterly Jump in 30-Years

Gold rose on Thursday as a drop in equities boosted its appeal as an alternative asset, heading for its biggest quarterly gain in nearly 30 years as expectations that the Federal Reserve would press ahead with interest rate hikes receded.

Dollar Rise Hits Commodities as Fed Talks of Tightening

The dollar was on its best run in almost a year on Thursday, pressuring commodities and shares after yet another Federal Reserve official talked up the chance of more than one hike in U.S interest rates this year.

Oil Tumbles as Stockpile Worry Overshadows Rally

Global oil prices fell as much as 4 percent on Monday on concerns a six-week market recovery has gone beyond fundamentals, as U.S. crude stockpiles continue to mount and Iran maintains little interest in a global production freeze.

The Real Reason Oil Prices Plunged

Despite there being a bigger surplus in 2012 to 2013, the price of oil back then did not plunge as much or as fast as it has since the summer. What gives?

Back the Truck Up for Gold

The argument for owning physical gold in my mind is very simple.  All you have to do is look at what is going on in the world.