NYSEARCA:UCO

Proshares Ultra Bloomberg Crude Oil ETF News

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$36.64
+0.0800 (+0.219%)
At Close: Jun 18, 2026
Crude oil tests 200-day moving average support after a symmetrical triangle breakdown, with price action now determining whether a rebound develops or deeper downside continues.

Oil Prices Fall To 3-Month Lows On U.S.-Iran Deal

05:05pm, Thursday, 18'th Jun 2026
Oil prices fell to three-month lows on Thursday after the U.S. and Iran signalled that a long awaited deal to end hostilities in Middle East had been signed.
Oil prices fell about 10% this week to their lowest levels since the war in Iran started after President Trump signed a deal to reopen the Strait of Hormuz.
Oil markets are moving higher as some traders are ready to buy the dip.
Jeff Currie, Abaxx Markets executive co-chairman, joins 'Squawk on the Street' to discuss how much lower oil prices can go, the company's around the energy sector and much more.
'The Big Money Show' panel discusses how President Donald Trump's Iran framework helped send oil prices lower, gas below $4 a gallon and stocks higher as investors bet the conflict is easing.
OPEC chief Haitham al-Ghais sat down for an exclusive interview with CNBC on Wednesday. He dismissed the IEA's claim of a supply glut brewing in oil markets for 2027.
A recovery in oil flows through the Strait of Hormuz and oil production following the U.S.-Iran interim peace ​deal will take time, potentially several months, analysts at ‌two banks said.
The cartel forecast demand to grow by 19 million barrels a day to around 124 million barrels a day in 2050, driven by road transportation, aviation and petrochemicals.
OPEC maintained its forecast for robust global oil demand growth ​in the next four years on Thursday and nudged up its longer-term view, citing a worldwide shift towards ‌more supportive policies
My direct conversations with industry executives and experts based both here and in the Middle East indicate ships will start steaming through the Strait very soon. The "Ghalibaf factor" may hold the

First Saudi Supertankers Begin Hormuz Crossing

06:04am, Thursday, 18'th Jun 2026
Some oil and gas vessels have begun to cross the Strait of Hormuz, including ships owned by Saudi Arabia's state tanker giant. The movement of Saudi ships through the waterway marks the first large
One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI slides to $74.02 after triangle violation, Brent defends $77.74 support, and Natural Gas trades at $3.
Brent crude and WTI were dropping after the signing of the U.S.-Iran peace deal, with markets focusing on the prospect for a swift reopening of the Strait of Hormuz.
Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens on Friday following the U.S.-Iran interim deal, releasing millions of barrels ​of oil stranded in t
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