NYSEARCA:UCO

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$35.14
-0.450 (-1.26%)
At Close: Jun 23, 2026
The U.S.-backed war against Iran touched off fears of stagflation last spring, but most company finance chiefs in a recent ​Federal Reserve survey said the resulting spike in energy costs prompted o
Three stranded tankers carrying 5 million barrels of crude oil were exiting the Strait of Hormuz on Wednesday, with two heading to Asia, shipping data ​showed, as the interim deal between Iran and t

Amid 2026 Energy Chaos, Oil And Gas Giants Prosper

06:10am, Wednesday, 24'th Jun 2026
What a frustrating time to be a giant oil and gas company. Somehow, despite President Donald Trump's war against Iran bringing about the greatest oil supply shock of all time, trapping 10% of global s
Moscow's oil refinery will be offline for at least six months after suffering extensive damage in Ukrainian drone attacks, two industry sources said on Wednesday, ​complicating Russian efforts to ta
Brent and WTI prices were dropping Wednesday as more ships transit the Strait of Hormuz. President Donald Trump wants to see steeper drops in gas prices.
Buccaneer Energy Plc (AIM:BUCE, FRA:LMU1), the oil and gas company with production and development assets in Texas, said its proved reserves rose 18% in an independent review tied to its bank credit f
With geopolitical risk premium largely removed, oil benchmarks faced renewed selling pressure while natural gas showed resilience. WTI confirms bearish breakdown targeting $70.82, Brent tests channel
Oil prices fell as concerns over disruptions to shipping through the Strait of Hormuz eased. Trump urged a DOJ probe into fuel prices, accusing oil companies of gouging consumers.
U.S. President Donald Trump said on Wednesday ​that he has instructed ‌the Department of Justice to look into oil companies ​for not lowering pump ​prices in line with falling ⁠crude costs.
Oil prices fell on Wednesday, extending this week's losses and trading near four-month lows hit in the previous session, on signs that more oil tankers stranded ​in the Gulf since the start of the I
Tech capex and geopolitics have dominated the headlines this year, but opportunities emerge elsewhere. Dividend growth investing could be hitting its stride amid shifting macro and micro trends. Novel
"The whole world is short in storage" of crude oil, says Tucker Perkins, though we likely won't see $60 to $65 per barrel for months. A complete resolution of the U.S.-Iran war and the Strait of Hormu
Oil fell in early Asian trade on signs of more easing of supply disruptions in the Middle East.
Kepler Principal Freight analyst Matthew Wright provides an exclusive update on maritime traffic through the Strait of Hormuz on ‘The Claman Countdown.' #foxbusiness #fox #media #breakingnews #us #u
Crude oil is testing its 200-day moving average after a corrective low, with price action now at a key inflection point between support stabilization or deeper downside.
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