NYSEARCA:UCO

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$39.74
-2.24 (-5.34%)
At Close: Jun 15, 2026
Crude oil slips as OPEC+ raises output by 547K bpd, pressuring Brent and WTI amid weak demand and bearish technical signals.

Why Modi won't budge on Russian oil

02:20am, Tuesday, 05'th Aug 2025
Narendra Modi strikes a defiant tone in response to Donald Trump's threats over India's Russian oil purchases. Here's why it's a delicate balancing act.
BP's second-quarter earnings come as the oil and gas company continues to try to rebuild investor confidence. The British energy company recently announced its largest oil and gas discovery in 25 year
French oil group Maurel & Prom reported a 25% drop in its half-year core profit on Tuesday, hit by falling crude oil prices.
Saudi Aramco said quarterly revenues were impacted by lower crude oil and oil products prices.
Oil and gas markets face pressure from rising OPEC+ supply, weak US demand, and tariff risks, while technicals show crude consolidating near support, natural gas holding key levels, and the dollar's f
Oil prices were little changed on Tuesday after three days of declines on mounting oversupply concerns after OPEC+ agreed to another large output increase in September, though the potential for more R
President Donald Trump said on Monday he will substantially raise tariffs on goods from India over its purchases of Russian oil.
U.S. President Trump accused India of buying Russian oil.
U.S. stocks traded higher midway through trading, with the S&P 500 gaining more than 1% on Monday.
Indian Prime Minister Narendra Modi has underscored the importance of shielding the country's economic interests during uncertain global conditions. His comments came just days after the Trump adminis
The crude oil markets continue to struggle a bit at this point, as the OPEC announcement of further drilling continues to pressure the pricing of this asset. At this point, we also have to keep in min
Hopes for a "last chance" ambitious global treaty to curb plastic pollution have dimmed as delegates gather this week at the United Nations in Geneva for what was intended to be the final round of neg
Crude oil falls below $67.31 as OPEC boosts output by 547,000 bpd and Russia sanctions fuel a bearish oil outlook.
Rapidan Energy Group's Bob McNally says 25% tariffs could just be the ‘amuse-bouche' for India as the Trump administration might look to inflict secondary sanctions on India to get it to comply on R
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