NYSEARCA:UCO

Proshares Ultra Bloomberg Crude Oil ETF News

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$44.38
-2.50 (-5.33%)
At Close: Jun 11, 2026
After testing support near $66.96, crude oil surged intraday. A decisive breakout above $71.11 could signal a reversal and challenge higher resistance.
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Power Lunch' to discuss OPEC+ output increase, oil prices moving lower and the energy trade.
Oil traders worry about rising production and trade wars.
Supplies from Canada and Mexico are at the heart of the U.S. oil industry.
CNBC's Dan Murphy reports on Saudi oil giant Aramco's full-year earnings and CEO Amin Nasser's comments following the results.
The crude oil market continues to see a lot of noisy trading, as we are testing a major support region in both markets that I follow in this asset.
Oil futures fell Tuesday, building on losses seen the previous session after the Organization of the Petroleum Exporting Countries and its allies said they would proceed with plans to unwind some prod
Oil slumps as OPEC+ boosts production and U.S. tariffs hit demand. Traders eye support levels as supply fears and trade war tensions weigh on crude oil outlook.
U.S. oil companies see stock buybacks and dividend hikes as more attractive than boosting production.
Saudi Aramco has slashed dividend payments after profit tumbled last year in line with weaker oil prices. Net income dropped 12.4% from $121.3 billion to $106.2 billion over the course of 2024, Saudi
President Donald Trump confirmed Monday that 25% tariffs on Canada and Mexico are “all set” to take effect Tuesday. He also signed an order increasing levies on China by another 10%.
Saudi Aramco cut the world's biggest dividend in a blow for Saudi Arabia's widening budget deficit, as the company seeks to relieve the stress on its own finances. The firm expects the total payout t
OPEC+ will revive halted oil production after repeated delays, amid pressure from US President Donald Trump to lower oil prices. The group will go ahead with the increase of 138,000 barrels a day in
OPEC+ confirms an April output hike—will oversupply pressure oil prices lower? Traders watch key support and resistance levels amid market uncertainty.
Higher than expected crude supply and a likely demand hit due to softer U.S. activity and tariff escalation pose downside risks to oil price forecasts, Goldman Sachs said in a note dated Monday.
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