COM News and Press, Direxion Auspice Broad Commodity Strategy From 06/12/24

2024-06-12 12:40:00 ET Summary World oil production increased by 553 kb/d in February to 82,219 kb/d. February’s Big 3 oil production increased by 753 kb/d to 32,600 kb/d. February Non-OPEC oil production increased by 276 kb/d to 53,345 kb/d. A guest post by...

2024-06-12 10:33:23 ET More on Crude Oil Midday In The Permian: WTI Could Rally Soon The Macro Brief: Market Insights And Economic Outlook For May 2024 Small Increase For U.S. March Oil Production Global oil markets set for major surplus this decade, IEA says...

2024-06-12 08:30:00 ET Summary Freeport-McMoRan rode the recent surge in copper prices as FCX easily outperformed the market. FCX has robust growth drivers, supported by sector-leading profitability and a healthy balance sheet. FCX's Indonesian business is critical. Negotiatio...

2024-06-12 08:00:00 ET Summary US shale oil production is on the verge of decline, with a decrease in rig and frac spread count despite increased output. M&A activity has led to consolidation in the industry, resulting in fewer rigs and frac spreads. US E&Ps are priori...

2024-06-12 06:13:40 ET Recent Commodity Price Movements and A look At Some ETFs Energy Crude oil ( CL1:COM ) +1.24% to $78.87. Natural Gas ( NG1:COM ) -1.84% to $3.07. Metals Palladium ( XPDUSD:CUR ) -0.34% to $...

2024-06-11 23:40:00 ET Summary Higher decarbonization targets have seen biofuels regaining interest from governments as they seek to further reduce carbon emissions from traditional fossil fuels. In 2023, fuel ethanol accounted for 78% of total U.S. biofuel production, a level whi...

2024-06-11 18:35:16 ET More on crude oil The May Commodities Rally Comes To An Abrupt End The Macro Brief: Market Insights And Economic Outlook For May 2024 Small Increase For U.S. March Oil Production Read the full article on Seeking Alpha For furthe...

2024-06-11 17:50:28 ET More on natural gas The May Commodities Rally Comes To An Abrupt End The Macro Brief: Market Insights And Economic Outlook For May 2024 Small Increase For U.S. March Oil Production Read the full article on Seeking Alpha For furt...

2024-06-11 14:23:20 ET Super-cooling natural gas into a liquid form has made the energy source easier to transport worldwide, giving U.S. producers a viable source of long-term demand from Asia and Europe. Investors have an opportunity to boost the value of their portfolios from this key tr...

2024-06-11 06:15:52 ET Energy Crude oil ( CL1:COM ) -0.38% to $77.45. Natural Gas ( NG1:COM ) +5.19% to $3.06. Metals Palladium ( XPDUSD:CUR ) -1.96% to $877.50. Platinum ( XPTUSD:CUR ) -1.58% to&...