NYSEARCA:UCO

Proshares Ultra Bloomberg Crude Oil ETF News

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$41.98
-2.40 (-5.41%)
At Close: Jun 12, 2026
Oil prices edged up on Tuesday as market participants waited for the outcome of U.S.-China talks that could pave the way for easing trade tensions and improve fuel demand.
Oil traders hope that a potential trade deal between U.S. and China could boost demand.
The crude oil markets are getting very interesting at the moment, as the WTI/CL contract looks to break above a massive resistance barrier. Are we finally going to see the breakout that the market has
Francisco Blanch, head of commodities and derivatives research at BofA Securities, examines OPEC's strategy on pricing and supplies as he says $90 oil and six million barrels per day of exports was �
OPEC oil output rose in May by less than the volume planned, a Reuters survey found, as Iraq made further cuts to compensate for earlier pumping above target and Saudi Arabia and the United Arab Emira
Crude oil futures edge higher as traders focus on the 200-day MA; OPEC output plans and U.S.-China trade talks steer near-term oil prices forecast.

An Oil Slump Could Take Prices Into $40 Range

06:05am, Monday, 09'th Jun 2025
The projection comes after oil had its best week of the year.
Natural gas holds firm above $3.70 while WTI and Brent retreat from highs amid strong U.S. jobs data and rising geopolitical supply risks.
Sushant Gupta, Research Director, APAC Refining & Oils from Wood Mackenzie joins CNBC's Dan Murphy on Access Middle East to discuss the demand and direction of oil.
Claudio Galimberti, Chief Economist & Global Director of Market Analysis at Rystad Energy, shares his view on the oil market and adds that the "litmus test" for global oil demand would be the OPEC+ me
Oil prices held on to last week's gains early on Monday as investors waited for U.S.-China trade talks to be held in London later in the day.
U.S. – China trade negotiations provide additional support to oil markets.
Drillers are packing up their gear, and investors should be paying attention, especially those invested in oil stocks.
The crude oil market continues to see a lot of noisy behavior, as the Non-Farm Payroll announcement came out hotter than anticipated, and since the crude oil market higher due to the idea of anticipat
OPEC+ production gains pressure U.S. crude exports, weakening light sweet oil demand and adding bearish weight to the current crude oil outlook.
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