NYSEARCA:UCO

Proshares Ultra Bloomberg Crude Oil ETF News

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At Close: Jun 18, 2026
Oil prices are likely to ​ease, not plummet, as ‌the U.S.-Iran interim peace deal lets shipments through the ​Strait of Hormuz ​resume and at the same ⁠time countries replenish ​reserves,
Oil prices retreated in Asia on Thursday afternoon as traders bet on a swift reopening of the Strait of Hormuz, the critical waterway through which roughly one-fifth of global oil shipments are typica

Oil slips again as US, Iran sign peace deal

08:56pm, Wednesday, 17'th Jun 2026
Oil prices fell in early trading on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran ​war, reopen the Strait of Hormuz and waive U.S. sanctions on ‌Tehran's oil
Oil fell in early Asian trade on prospects of a fast reopening of the Strait of Hormuz.
Oil markets made an attempt to rebound but lost momentum and pulled back.
Analysts warn that the current sub-$80-a-barrel oil prices may be overly optimistic for a smooth end to the conflict and the reopening on the Strait of Hormuz.
U.S. crude oil inventories fell for a 10th straight week last week as demand surged, pushing total stockpiles to their lowest ​level since 1985 as the Iran war continues to upend global energy marke

U.S. Crude Oil Stockpiles Fall More Than Expected

11:42am, Wednesday, 17'th Jun 2026
Commercial crude oil stocks were down by 8.3 million barrels as net imports decreased and refineries ran near full capacity.

US quietly allows waiver on Russian oil to expire

11:20am, Wednesday, 17'th Jun 2026
The U.S. Treasury on ‌Wednesday did not publish an extension of its waiver of sanctions on Russian seaborne oil that ran out at midnight, but President Donald Trump and administration officials did
Overall US ​crude inventories fell ‌last week to 758.5 ​million barrels, ​its lowest since ⁠March 1985, ​the Energy ​Information Administration said on Wednesday.
Crude oil looks like it might be ready to do a little bit of a bounce on Wednesday, as we are oversold to say the least. At this point, it will be about the headlines coming out of the Middle East.
The United Arab Emirates' oil output ​could exceed 5 million bpd next year as it moves to expand ‌production after its exit from OPEC, making it a major driver of non‑OPEC+ supply growth, the In
Former institutional trader Kevin Muir pushes against the market tide with a call to buy oil now.
Brent crude and WTI prices were slipping again in anticipation of a U.S.-Iran peace deal. Goldman Sachs is cutting expectations for oil for the rest of the year.
At least three tankers carrying Iranian oil ‌have sailed through the U.S. naval blockade this week, with a fourth, an empty vessel, heading towards the Gulf of Oman, after the U.S. and Iran agreed a
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