Commodities: Global   OPEC Oil Production Fell in April by about 0.2 million barrels per day (mbpd) to 28.6 mbpd due to a halt in Iraqi and Nigerian exports with more declines expected in May due to the lower quotas announced in April.  Iran’s oil minister said that their production…

Ukraine:  Winter & Sanctions Impact   The Ukraine-Russia Conflict ground on as Russia’s larger numbers weighed on Ukrainian defenders.  Leaked US intelligence documents indicated Russia suffered 100,000 casualties and 20,000 deaths this year so far, about 30% of the additional called-up forces over the last six months or so.  The…

During the month of April, Livestock (+6.86%) and Interest Rates (+5.36%) were the top performers. April also marked a third consecutive winning month for Crytpo (+2.70%) and back to back winning months for Indices (+1.19%). Grains (-7.04%), were Aprils only negative sector. The selloff in Grains (-7.04%) began in mid…

Commodities: Global   OPEC Oil Production Rose in March by about 0.2 million barrels per day (mbpd) to 29.1 mbpd.  The real news was announced over the first weekend in April as OPEC+ lowered the quotas by 1.6 mbpd assuming Russia adds its reduction portion to its existing 0.5 mbpd…