NYSEARCA:UCO

Proshares Ultra Bloomberg Crude Oil ETF News

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$44.38
-2.50 (-5.33%)
At Close: Jun 11, 2026
Crude oil surged to an 11-week high of 73.96, confirming bullish momentum, while targeting resistance zones between 74.29 and 76.74 for further gains.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter

U.S. Crude Oil Stockpiles Fall Less Than Expected

11:58am, Thursday, 02'nd Jan 2025
U.S. crude oil inventories fell by 1.2 million barrels last week, which was less than expected, while stocks of gasoline and distillate fuels saw large builds.
U.S. crude inventories fell by 1.2M barrels, but rising gasoline and distillate stocks could pressure oil prices lower as refineries operate at high capacity.
The crude oil market was bullish again on Thursday, as the markets are starting to price in the idea of increasing demand coming from the US, and some demand coming due to central bank easing around t
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter
Oil futures began 2025 on a positive note, boosted by hopes that China, the world's largest crude importer, will follow through on pledges to further stimulate growth in the new year.
Crude oil futures surge above 200-Day Moving Average at $72.37, signaling bullish potential as China growth optimism boosts demand outlook. Can prices sustain the rally toward $77.36?
Geopolitical tensions and U.S. factory activity drive mixed momentum, with EMA indicators signaling key price shifts.
WTI crude remains strong and approaches a key level, while natural gas pulls back from resistance.
JBC Energy Group Chairman Johannes Benigni says oil producers have successfully kept the market stable, but President-Elect Donald Trump could reshape the outlook in 2025.

Oil Rises; Prices Could Recover This Year

09:10pm, Wednesday, 01'st Jan 2025
Oil prices rose in early Asian trade amid positive sentiment.
Oil prices nudged higher on Thursday, the first day of trade for 2025, as investors returning from holidays cautiously eyed a recovery in China's economy and fuel demand following a pledge by Presiden
Brent and WTI crude could see downward pressure in 2025 as rising non-OPEC output tips the market into surplus, weighing on prices.
Natural Gas prices drop 7.07% to $3.52 as bearish sentiment dominates. Oil supported by China's demand, trading near $71.81.
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