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COM News and Press, Direxion Auspice Broad Commodity Strategy From 06/25/24

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Company Name: Direxion Auspice Broad Commodity Strategy
Stock Symbol: COM
Market: NYSE

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COM - Outsized agri price weakness pressures global commodity open interest value, JPM says

2024-06-25 06:03:31 ET Energy Crude oil ( CL1:COM ) -0.50% to $81.23. Natural Gas ( NG1:COM ) +0.68% to $2.83. Metals Palladium ( XPDUSD:CUR ) +1.50% to $980.00. Platinum ( XPTUSD:CUR ) -0.07% to ...

COM - Oil continues higher on fuel demand expectations, rising geopolitical risks

2024-06-24 19:20:37 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 ...

COM - New EU sanctions target Russian LNG shipments for first time

2024-06-24 18:10:55 ET More on natural gas Supply Risks Keep Gas Market On Tenterhooks The May Commodities Rally Comes To An Abrupt End The Bullish Outlook For Natural Gas Continues to Improve Read the full article on Seeking Alpha For further details...

COM - WTI Oil Prices And Canadian Capital Gains Taxes

2024-06-24 16:10:00 ET Summary My expectation for West Texas Intermediate oil prices for July is unchanged from June. That is, WTI should range from $75 to $95 per barrel. Several Canadian oil and gas investors on X (formerly Twitter) attributed this fall in value to the upcoming ...

COM - 5 Things To Watch In Grain Markets In 2024

2024-06-24 14:15:00 ET Summary The weather in Russia is far from ideal and could decrease the amount of wheat that will be available to export. U.S. dollar strength correlates with bearish trends in major grain markets, and the recent cycle of interest rate hikes has kept discreti...

COM - UCO: Taking Profit On Our Winning Tactical Trade

2024-06-24 10:39:41 ET Summary Our tactical trade on the ProShares Ultra Bloomberg Crude Oil ETF has once again surpassed our expectations, delivering an amplified 15.8% gain in less than three weeks. WTI crude prices are currently retesting the US$80.60/bbl level. Although we vie...

COM - Commodity Roundup: JPM 'structurally' bullish on gold, silver; palladium extends gains

2024-06-24 06:08:35 ET Energy... Crude oil ( CL1:COM ) +0.52% to $81.01. Natural Gas ( NG1:COM ) -0.28% to $2.71. Metals Palladium ( XPDUSD:CUR ) +4.45% to $951.50. Platinum ( XPTUSD:CUR ) +0.89% to&#...

COM - Goldman sees slower but still robust Permian Basin growth this decade

2024-06-21 18:55:07 ET Crude oil futures fell on Friday but ended the week higher, aided by indications of stronger U.S. demand and a rising perception of risk from a wider Middle East conflict that could endanger oil flows from the region. Exchanges of fire are rising between Israel ...

COM - U.S. natural gas inventory net change of +71 Bcf for week ended June 14 - EIA

2024-06-21 14:05:09 ET Image Source: EIA More on Natural Gas The Macro Brief: Market Insights And Economic Outlook For May 2024 LNG Exports And Natural Gas Dynamics LNG Gas Export Drop Sends The Natural Gas Market Back Into Surplus Commodity Round...

COM - Oil Markets Tilt Bullish

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...

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