Commodities Market Review: Oil and China’s Steel Rebar Price Surge

Summary: Gasoline (CME_RB1) has seen a price increase of 12.01% over the past month Shanghai Steel Rebar Futures (SHFE_RB2) are up on the rise with a 8.43% increase Brent Crude Futures (ICE_B1) are up on the rise with a 7.72% increase Ending Sanctions Led to Surge in Oil Prices Gasoline (CME_RB1) are up on the […]

Commodities Market Review: Crude Oil Drops 19.16% Precious Metals Outlook Is Positive

Summary: Over the past three months The Philadelphia Gold and Silver Index (Ticker:XAU) have seen a positive increase of 7.13%. Coffee Futures (Ticker: ICE_KC1) saw a positive increase of 2.51% over the three-day period last week. Crude Oil (Ticker: CME_CL1) hit its lowest price for 2018 on Christmas day at $42.53 this is in line […]

Commodities Market Review: Labor Day Brought Gasoline Price to this Summer’s High

Precious Metals Trembled by Strong USD During the past few months, precious metals were severely hammered by a surging USD on the foreign exchange market. Steep losses occurred to all of gold, silver, platinum and palladium. Gold sank to a 1.5-year low, silver a more than 2.5-year low, platinum a 14-year low and palladium a […]

Commodities Market Review: The First Victims in Wake of Trade War

As trade war is taking off, the global commodities market is the first to be directly hit. Despite rising price of other risky assets, the Dow Jones Commodity Index has decreased 5.37% in the past month. Among all segments, US cotton and Chinese steel market saw most significant rise due to macro statistics and political […]

Commodities Market Review: OPEC Failed to Contain the Rising Oil Price

Global Oil Price Hit Near 3-Year High The oil price has stayed low since December 2014 when robust global production significantly exceeded demand. However, on June 29, WTI (West Texas Intermediate) price surged by more than 4% to $74.15 per barrel, the highest level since the end of 2014. The immediate cause is the production […]

Oil News: Saudi Oil Giant Going Public?

Rumors are circling about a potential IPO of Saudi oil giant, Aramco. Such a move will certainly have global repercussions.

Oil News: Crude Oil Prices Near Seven-Year Lows

In the 7 day Oil Forecast from November 30th the I Know First algorithm correctly predicted that both Brent Crude Oil and NYMEX Crude Oil would decrease in the predicted time horizon. Crude oil prices are now approaching seven-year lows.

Oil News: Iran Deal Pushes Prices Down

Following the landmark nuclear deal that was agreed upon last week, West Texas Intermediate (WTI) crude oil reached its lowest point in three months.

Gold News: Positive US Data Causes Commodities To Falter

Commodity prices declined after Federal Reserve Chair Janet Yellen indicated that the central bank was ready to raise interest rates for the first time in six years in 2015.

Oil Price News: Drop In US Rigs Points To Decreased Supply

Oil prices continued to rise on Monday, extending gains from last week. I Know First was able to predict this price increase in a forecast from last week.

Oil Price Forecast: Average Return of 8.56% In 14 Days

Oil prediction from March 6th 2015 (before market opening) until March 20th 2015 based on “I Know First” stock forecast algorithm.

Commodities Outlook: Up to 12.83% (Long) and 47.46% (Short) Return in 3 Months

Top 5 commodities for the long and the short positions from October 12th 2014 (before market opening) until January 12th 2015 based on “I Know First” stock forecast algorithm

Oil Price Forecast: Prices Continue To Fall As Goldman Sachs Slashes Forecasts

Both Brent and US crude are at their lowest level since April 2009 and have fallen for seven straight weeks. Global oil prices fell by more than $1 a barrel on Monday morning as analysts at Goldman Sachs lowered its short-term forecast.

Oil Forecast For 2015 Based On A Predictive Algorithm

Seeking Alpha Article On The Oil Market Forecast For 2015

Commodity Prices: Up To 28.78% (Long) & 38.71% (Short) Return In 3 Months

Commodity Prices

Top 5 commodities for the long and the short positions from September 28th 2014 (before market opening) until December 28th 2014 based on “I Know First” stock forecast algorithm

Oil Price Forecast For 2015

After almost five years of stability, oil prices have considerably dropped. Indeed, since June 2014, the price of oil has fallen by more than 40%, when it was $115 a barrel. Here is an outlook of the oil market for 2015.

Commodity Price Forecast: Up To 25.59% (Long) & 38.73% (Short) Return In 3 Months

Gold Forecast Based on Predictive Analytics

Top 5 commodities for the long and the short positions from September 17th 2014 (before market opening) until December 17th 2014 based on “I Know First” stock forecast algorithm

Oil Price Prediction: 16.19% Decrease In 14 Days

Oil Price Prediction Based on Predictive Analytics

Gold ETF , Physical Gold, Physical Silver and Crude Oil direction price prediction from November 25th 2014 (before market opening) until December 9th 2014 based on “I Know First” stock forecast algorithm