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COM - We Expect Oil Prices To Fall
June, 16 2022 02:45 PM
Direxion Auspice Broad Commodity Strategy
It seems that the large banks always forecast oil prices to go to the extreme of their current trends. We expect that a combination of demand destruction and growing supply will help moderate prices. We also expect the Russia-Ukraine War to quiet down in the coming months as Russia looks for a simple strategic victory to prove its positioning. Overall, we expect oil prices to not increase significantly from current levels. For further details see:
We Expect Oil Prices To Fall
Stock Information
Company Name:
Direxion Auspice Broad Commodity Strategy
Stock Symbol:
COM
Market:
NYSE
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