NYSEARCA:UCO

Proshares Ultra Bloomberg Crude Oil ETF News

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$36.56
-0.83 (-2.22%)
At Close: Jun 17, 2026
The light sweet crude oil market has gapped to the upside during the trading session on Monday. Oil continues to see a lack of demand and a bit of oversupply.
Crude oil futures rebound as buyers defend key support, with geopolitics and expected EIA inventory draws shaping the near-term oil outlook.
One of the items in the consumer price index that has regularly fallen for almost two years is the price of fuel, particularly gasoline.
Talks between President Donald Trump and Ukrainian leader Volodymyr Zelenskyy failed to deliver major progress toward peace between Russia and Ukraine.
Oil prices jumped on Monday on potential disruptions in oil supply from the Middle East.  At the time of writing, the price of West Texas Intermediate crude oil was at $58 per barrel, up 2.2%, while
Saudi Arabia, the world's biggest oil exporter, is expected to lower the February price for its flagship Arab Light crude for Asian buyers for a third month, mirroring declines in the spot market due
WTI oil stabilizes near $57 while natural gas stalls below $4.00, with supply surplus risks limiting upside despite demand optimism.

Oil Rises as U.S.-Venezuela Tensions Escalate

09:03pm, Sunday, 28'th Dec 2025
Oil was higher in early Asian trading as tensions between the U.S. and Venezuela escalate, according to Nanhua Futures analysts.
Oil prices rose in early Asian trading on Monday as investors weighed Middle East tensions that could disrupt supply, while a major hurdle remains in the Russia–Ukraine peace talks.
Crude oil edged higher in thin holiday trade, but bearish charts and oversupply forecasts keep the broader oil outlook tilted lower.
Neither investors nor industrial buyers can get enough of the precious metal, while a glut of crude has swamped energy markets and depressed fuel prices.

Off the Charts: Crude oil under pressure

05:58pm, Friday, 26'th Dec 2025
'Fast Money' trader Katie Stockton talks technical indicators she is seeing in the crude oil markets right now.
Former Representative Denver Riggleman said that recent moves by the US military to sure up capabilities around Latin America are driven by oil and not drug trafficking, as the Trump administration ra
Oil prices dropped sharply in 2025 and traded near the $55 support zone, where oversupply, peaking U.S. production, soft demand, and bearish technical patterns suggest further downside into 2026.
John Kilduff, founding partner at Again Capital, and Rob Thummel, senior portfolio manager at Tortoise Capital, join ‘Squawk on the Street' to discuss the impact of geopolitical tensions on oil pric
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