NYSEARCA:UCO

Proshares Ultra Bloomberg Crude Oil ETF News

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$41.98
-2.40 (-5.41%)
At Close: Jun 12, 2026
Britain's BP is bracing for a shareholder backlash at its annual general meeting on Thursday, with a chorus of disgruntled investors planning to voice their concerns over the firm's green strategy U-t
U.S. Energy Secretary Chris Wright discusses his bullish outlook on America's shale industry amid plunging crude prices and mounting OPEC+ supply.
WTI crude oil is consolidating to form a support zone, while natural gas prices approach the key level of $3.
Oil rose in the early Asian session amid prospects of U.S.-China trade negotiations.
Oil prices extended gains on Thursday on the prospect of tighter supply after Washington imposed further sanctions to curb Iranian oil trade and as some OPEC producers pledged further output cuts to c
Weak dollar provides additional support to oil markets.

How tariffs are impacting oil prices

12:16pm, Wednesday, 16'th Apr 2025
Oil prices (CL=F, BZ=F) and gas (NG=F) have fallen 7% over the last month, with Trump's tariffs raising concerns about demand. Watt-Logic Energy Consultant Lathryn Porter joins Catalysts to discuss ho
The United States on Wednesday issued new sanctions targeting Iran's oil exports, including against a China-based "teapot refinery", as President Donald Trump's administration seeks to ramp up pressur
U.S. crude oil inventories rose by 515,000 barrels, while gasoline and distillate stockpiles fell as refineries lowered their capacity use.
Gasoline inventories declined by 2.0 million barrels from the previous week.
The oil market continues to see a lot of noisy trading as the market continues to focus on the idea of perhaps a slowing global economy and trade overall.
Crude oil futures rise 1% on bullish trade talk signals and Iraq's output cut plan, though IEA and OPEC demand downgrades keep oil outlook bearish.
Oil prices retreat as supply builds and demand forecasts fade. WTI slips on bearish data, with resistance near $61.55 capping recovery attempts.
The European Commission is expected to vote on a "comprehensive" strategy to cut off Russian oil and gas imports three years after the start of its war on Ukraine.
Despite what may seem like an attractive price level for WTI crude, which was trading at US$61.30/bbl at the time of writing, we are staying away from this trade. Historically, we have been bullish on
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