This is posted every morning at about 8 AM, before the markets open. Live Cattle and Lean Hogs each posted a Bearish Engulfment on their respective charts yesterday, suggesting the price pressure should continue. Grains higher overnight, showing little recent effect from tariff worries. Overall market volatility remains high, with Stock Indexes aggressively lower lower, Energies sharply lower, T-Bonds dropping …
Commodity Market Trends: Oil and Natural Gas (January 2025)
Oil Trends In my opinion, oil prices remain volatile due to persistent geopolitical tensions in the Middle East, which are impacting supply stability. OPEC+ production adjustments, particularly recent output cuts, continue to tighten global supplies. Demand recovery in key markets like China and India, alongside heightened seasonal energy requirements, is likely to keep upward pressure on prices. However, concerns about …