Commodity speculators take heed: The popular crude oil exchange-traded note DXO is kicking the bucket — quickly and controversially — and other similar securities might follow suit.

If you’re looking for what I call a “blast-off” move, look no further than the sugar market.

Steve McDonald of Investors Daily Edge doesn’t want to see you get ripped off at the gas pump again. He recommends two Oil ETFs that will play out as part of the “the best buying opportunity since the market collapse of the late 70’s.”

‘Contango’ has become a buzzword of late. But Matt Weinschenk says you must be careful how you position yourself to profit in the oil market. The most popular oil sector ETFs (USO, OIL) actually suffer in today’s market conditions. Matt says the United States 12 Month Oil Fund (NYSE:USL) is a much better way of maximising the return on your oil investments.

Keith Fitz-Gerald says investors have the chance to profit from the contango phenomenon in oil markets. The implied higher future oil prices mean an opportunity to buy oil-related ETFs now at a bargain price. For a safer option, Keith picks two oil transportation companies that pay healthy dividends.

Oil prices could fall as low as $20 a barrel in early 2009, says Jason Simpkins. But don’t expect these low prices to last long. Dwindling investment will prompt a longer-term supply crunch, which will send crude to new record highs. Jason gives seven ways to profit from this coming spike.

We shouldn’t get too attached to low gas prices, says Keith Fitz-Gerald. Crude oil prices will soar before long, making driving an expensive habit again. But Keith says savvy investors can ‘hedge’ against this rise by buying into these three oil and gas ETFs now.

Crude looks like it is entering its own type of recession this year, with the International Energy Agency predicting a fall in oil consumption for the first time in 25 years. But David Newman still thinks there are huge profits to be had in the oil industry. He recommends an Oil & Gas ETF (NYSE:IEO) and Oil Services ETF (NYSE:OIH), using a ‘protective put strategy’ to cover against downside risk.

It’s inflation or die for global central banks, says Eric Roseman. The market is pricing in a deep recession and a stretch of deflation. But in the coming year, these desperate reflation policies will work. And when they does, inflation-hedging hard assets will soar. Eric says this makes now the perfect time to accumulate gold.

We’re deep into bear market territory right now… aren’t we? Frank Hemsley isn’t so sure. He says commodities are actually still in a long-term secular bull market. The current slump is just a temporary correction of prices that ran away in the last year. Frank says commodities will soon continue their bull run, breaking through new highs in the process.