author - oman observer

Ole Hansen - With year-end fast approaching the Bloomberg Commodity index traded close to unchanged on the week and just like the year-to-date performance it was the metals sector led by industrial...

The Bloomberg Commodity Index slumped by the most since March this week as selling hit all sectors, particularly the twin bellwethers of energy and industrial metals. Only three out of 30 commodities...

Crude oil held steady after Opec and Russia showed unity and extended production cuts until the end of 2018. Gold’s November trading range was the tightest since 1999 while industrial metals...

Ole Hansen - Astrong week for energy and metals helped give the Bloomberg Commodity Index its best week in six. Renewed dollar weakness provided some overall support while the re-balancing process...

The month of September yielded no return for the Bloomberg Commodity index. However, behind its flat performance we saw a continued recovery in the energy sector being offset by losses in precious and...

Commodities traded flat on the week as a third weekly gain in energy was offset by profit-taking in metals, both precious and industrial. Some of the key drivers behind these developments were...

The Bloomberg Commodity Index traded higher for a second week with general support coming from the accelerated dollar selloff. The greenback hit the lowest level seen since January 2015 against a...

Commodities traded higher during the past week with all sectors, not least energy and metals, rising strongly in response to multiple events. The biggest of them all has been the catastrophic impact...

The energy sector traded flat when a spike in gasoline prices on hurricane Harvey fears helped offset small losses in crude oil. Precious metals traded quietly with gold struggling to break key...

Heightened geopolitical risks last week triggered by sharp rhetoric between US President Donald Trump and North Korea boosted demand for gold, the Japanese yen and secure bonds, while high-yielding...

Ole Hansen - The Bloomberg commodity index traded close to unchanged during the week, with losses in energy and metals offset by a strong rally in agriculture commodities. Rising bond yields in...

Ole Hansen - Broad-based weakness saw the Bloomberg Commodity Index challenge the lower end of the range that has persisted for the past 14 months. The index, which covers the performance of 22...

OLE HANSEN - A revival among key US crop futures help offset another week of steep losses across energy commodities. Crude oil suffered a third consecutive week of losses. Precious metals reversed...

Ole Hansen - Most major commodities managed to stabilise on Friday following a week of heavy selling. Steep losses were seen across the major sectors of energy together with industrial and precious...

Ole Hansen — Big commodity swings have been witnessed during the past month, not least in the farm sector where bloated global stocks and the prospect of another bumper year — weather permitting...

Ole Hansen - Commodities found a bid for the first time in five weeks, with gains primarily driven by industrial and precious metals in a week punctuated by a US interest-rate rise. The US Federal...

Ole Hansen - Crude oil was added to the growing list of commodity casualties this week as market jitters ahead of next week’s Federal Reserve meeting continued. The Federal Open Market Committee...

Ole Hansen - The market focus has once again firmly switched towards the Fed’s next policy meeting on March 15. Several recent comments from voting members of the Federal Open Market Committee...

Ole Hansen - The commodity sector was heading for the highest weekly close since July. The Bloomberg Commodity Index which tracks the performance of 22 major commodities evenly split between...

A weaker dollar has generally helped support commodities at the beginning of 2017 but as the performance below shows we are seeing the outlook for some sectors, not least precious metals, being...