NYSEARCA:UCO

Proshares Ultra Bloomberg Crude Oil ETF News

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$39.74
-2.24 (-5.34%)
At Close: Jun 15, 2026
Francisco Blanch, head of global commodities and derivates research at Bank of America, discusses OPEC+'s recent decision to increase oil production for the month of August. "It's been a good time to
WTI dips to $67.50 as OPEC+ hikes supply by 548,000 bpd and U.S. tariff threats add new risks to oil and gas market sentiment.
WTI crude oil is rebounding from its long-term support at $66, while natural gas prices are consolidating within the ascending channel, awaiting the next move.
Oil prices eased on Tuesday after rising almost 2% in the previous session, as investors assessed new developments on U.S. tariffs and a higher-than-expected OPEC+ output hike for August.

Interior Secretary Doug Burgum on oil prices

06:15pm, Monday, 07'th Jul 2025
Interior Secretary Doug Burgum on Monday said he believes deregulation could cut the price of an oil barrel from U.S. federal land by at least 10%.
Oil rose more than 1% on Monday on signs of strong demand, shrugging off the impact of a higher-than-expected OPEC+ output hike for August as well as concerns about the potential impact of U.S. tariff
OPEC+ agreed to raise production by 548,000 bpd in August.
On today's episode of Opening Bid, host Brian Sozzi looks at whether stocks can maintain record-level momentum as tariff concerns and technical signals raise caution. LPL Financial chief technical str
CNBC's Brian Sullivan joins 'Squawk on the Street' to discuss the latest news on the energy market.
The crude oil initially gapped lower on Monday, only to turn around and rally quite nicely. At this point in time, the markets looks as if they want to go higher no matter what.
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of difficulties affecting others.
Oil prices rebound as tight supply offsets OPEC+ output hike. Traders eye $67.58 for crude futures breakout amid bullish oil demand outlook.
Brazil, Guyana and Argentina drive a fast-growing share of global oil output.
OPEC+ oil producers are set to approve another big output boost for September as they complete the unwinding of voluntary output cuts by eight members and allow the United Arab Emirates to pump more t
Crude oil slips over 1% as OPEC+ output hike and weak China demand weigh on prices. Traders brace for volatility amid rising global supply concerns.
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