COM News and Press, Direxion Auspice Broad Commodity Strategy From 06/21/24

2024-06-21 13:11:52 ET Summary Brent crude and WTI crude prices remain elevated, up about 13% and 14.5%, respectively, from last year. EIA forecasts a shortage of oil supply compared to demand, with a potential oversupply situation in 2025. OPEC+ nations plan to phase out prod...

2024-06-21 06:11:30 ET Energy... Crude oil ( CL1:COM ) +0.02% to $81.26. Natural Gas ( NG1:COM ) -1.60% to $2.68. Metals Palladium ( XPDUSD:CUR ) +0.94% to $914.00. Platinum ( XPTUSD:CUR ) +0.64% to&#...

2024-06-20 19:15:19 ET More on energy sector stocks After The Summit: U.S. Energy, Global Energy - Drivers And Opportunities XLE: The Biggest S&P 500 Sector Shareholder Yield, A Compelling Value Case XLE: Market Misunderstanding Creates An Opening Read ...

2024-06-20 16:34:35 ET Summary Global energy demand is expected to increase, with record highs projected for oil and natural gas in 2024 and 2025. Consolidation in the oil and gas industry is a strategic response to energy demand and production in the years ahead. Infrastructu...

2024-06-20 11:05:32 ET More on Crude Oil IEA's 2030 Outlook - I Don't Even Know Where To Start February Non-OPEC And World Oil Production Rises Midday In The Permian: WTI Could Rally Soon Uncertain macro backdrop to weigh on commodity markets, ANZ says ...

2024-06-20 05:55:48 ET Energy Crude oil ( CL1:COM ) +0.01% to $80.72. Natural Gas ( NG1:COM ) -1.59% to $2.86. Metals Palladium ( XPDUSD:CUR ) +1.01% to $900.00. Platinum ( XPTUSD:CUR ) +0.75% to ...

2024-06-18 19:05:09 ET More on crude oil IEA's 2030 Outlook - I Don't Even Know Where To Start February Non-OPEC And World Oil Production Rises Midday In The Permian: WTI Could Rally Soon Read the full article on Seeking Alpha For further details see:...

2024-06-18 17:35:00 ET More on crude oil IEA's 2030 Outlook - I Don't Even Know Where To Start February Non-OPEC And World Oil Production Rises Midday In The Permian: WTI Could Rally Soon Read the full article on Seeking Alpha For further details see:...

2024-06-18 17:22:52 ET Summary We think with where US commercial crude storage is heading, the Biden administration will release another ~30 million bbls of SPR. The timing of the release will start in August and end in November. But the Saudis will have the upper hand. From a...

2024-06-18 16:21:09 ET More on Energy XLE: The Biggest S&P 500 Sector Shareholder Yield, A Compelling Value Case XLE: Market Misunderstanding Creates An Opening LNG Exports And Natural Gas Dynamics Fossil fuel producers, corn growers sue to block new Bide...