Commodities

Oil shorts are shocked as oil prices keep rallying. Massive capital spending cuts in the energy space as well as a refinery strike is giving oil and oil products the boost.

Oil prices are trying to balance record supply of oil and dwindling storage space versus what could be the biggest drop in energy capital spending cuts in history.

Russia gets a downgrade to junk and UK growth misses expectations as the Obama administration once again moves against the U.S. energy revival while continuing to take credit for the oil revolution that it opposes.

Whether it is copper hitting a 5-and-a-half year low, or oil or even soft products, grains and meats, it is clear that commodities are sending clear economic warning signs.

It is obvious that the ECB was underwhelmed with yesterday’s market reaction to their planned stimulus, so they added a bit extra so the markets would receive the measure warmly.

Christine Lagarde says the drop in oil prices won’t be enough to save the global economy, but the International Energy Agency says it will be enough to slow down the U.S. shale revolution. After the biggest rout in oil since the 1980’s, is there hope that perhaps we have found a short-term bottom?

The move by the Swiss National bank is going to raise the pressure on the ECB to do something dramatic -- as far as quantitative easing to keep up with the Swiss.

The World Bank is telling us pretty much what the oil market and copper already has been telling us, and that is that the outlook for global economic growth is getting worse, not better.

The UAE’s oil minister said ‘the country’s oil output and strategy will not change’... You know, kind of like making the U.S. shale producer an offer that they can’t refuse.

It seems some in the OPEC cartel have taken exception to the fact that the U.S. was on its way to energy independence.

If the economy is so strong why is oil demand falling?

If the crash in oil prices is supposed to be such a boom for the economy, today we are not feeling it. Instead of joy and celebration we are getting fear and risk protection. Even data showing a jump in auto sales, supposedly inspired by low gasoline prices, was not enough to boost auto stocks on Monday.

Crude futures steadied near six-month lows at close to $97 a barrel early on Thursday.

Brent oil prices reversed early losses to climb more than $1 a barrel on Friday, as fighting in Ukraine and deteriorating relations between Russia and the United States ignited new fears of supply disruptions in the market.

U.S. crude futures fell modestly in range-bound trade on Friday as the market balanced support from a drawdown in domestic crude stockpiles against technical sell points that have kept oil from rallying, while Brent was lower as traders awaited developments in the Ukraine crisis.

Gold is getting a boost as investors race to the safe haven in reaction to global turmoil.

Gold bars, gold mines, gold stocks, gold funds. For every upside, there's a downside.

Two former federal agents have been charged with stealing digital currency during their investigation into an online black market that allowed users to buy and sell drugs and other illegal items.

Oil prices hit their highest for this year on Wednesday after the first crude stock draw in five months at the U.S. Cushing, Oklahoma hub suggested an oil glut may be starting to ease.

U.S. oil prices fell Wednesday as domestic crude stockpiles grew to a record, while lower-than-expected refinery activity boosted gasoline prices.