NYSEARCA:UCO

Proshares Ultra Bloomberg Crude Oil ETF News

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$36.64
+0.0800 (+0.219%)
At Close: Jun 18, 2026
Claudio Galimberti, chief economist of Rystad Energy, says the potential "huge oversupply" of oil following the resolution of the Iran war and closure of the Strait of Hormuz is creating a lot of conf
President Trump said that the U.S. will respond to Iran's attack on a helicopter which was patrolling over the Strait of Hormuz.
Oil stockpiles ​in the world's largest economies ‌were headed toward the lowest levels since at least 2003 ​as top consuming nations tapped ​inventories at a record pace to ⁠plug the loss of
Energy markets' worst nightmare has been playing out for more than 100 days, but one would hardly know it by looking at crude-oil futures.
The oil markets continue to see a lot of noise coming out of the Middle East as per usual, with this market worrying about supply and the latest military strikes. However, it looks like we are winding
The oil markets continue to see a lot of noise coming out of the Middle East as per usual, with this market worrying about supply and the latest military strikes. However, it looks like we are winding
Kuwait's oil inventories have declined sharply as a result of two Very ​Large Crude Carriers (VLCCs) which exported crude ‌through the Strait of Hormuz with their AIS transponders switched off, ac
Russian Urals crude has flipped to a discount against dated Brent at Indian and Chinese ports as a ​fall in demand from Asian refiners pressures prices, four trade ‌sources said.
Commerce Department data showed exports rose 2.6 percent in April to $327.1 billion.
President Donald Trump has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still has not materialized.
Countries will build larger emergency crude reserves to reduce their vulnerability to future energy shocks.
Brent crude and WTI prices were dropping on Tuesday as Iran and Israel agreed to end direct operations against each other.
With geopolitical risk premium largely removed, oil benchmarks faced renewed selling pressure while natural gas showed resilience. WTI confirms bearish breakdown targeting $89.00, Brent tests channel
Iraq and the UAE are fast-tracking alternative pipelines to reduce dependency on the Strait of Hormuz, which remains effectively shut. Oil comprised over half of Iraq's GDP in 2025 as the country rema
Oil prices remain under pressure as weak short-term technical signals offset the Middle East risk premium, while WTI and Brent stay volatile near key support areas.
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