NYSEARCA:UCO

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$46.88
+1.72 (+3.81%)
At Close: Jun 10, 2026
Natural gas futures test key pivot at $2.145, with EIA report expected to spark volatility. Mild weather limits demand, but LNG exports provide price support.
The U.S. benchmark has shed more than 5% this week, while the Brent global benchmark is down 7.2%. Crude oil futures have lost all gains for the year.
Oil futures rose Thursday, attempting to get their footing after falling to their lows of 2024 on fears of an economic slowdown.
OPEC+ is nearing an agreement to delay an oil output increase scheduled to start in October after oil prices hit their lowest in nine months, two sources from the producer group told Reuters on Thursd
Oil prices rise as U.S. crude inventories plunge and OPEC+ considers delaying output hikes. Read the latest on demand concerns and price forecasts.
Signs of weaker oil demand have pulled prices for the commodity to their lowest levels of the year, complicating plans by major oil producers to increase crude production in the fourth quarter.
Oil prices edged higher after hitting a 14-month low on weak China demand, as OPEC+ closes in on an agreement to postpone a planned production increase. Bloomberg's Will Kennedy reports.
OPEC+ delays and a strong U.S. dollar impact oil prices. Market sentiment remains bearish with key resistance levels posing challenges for further upside.
Andy Lipow, President of Lipow Oil associates believes that the supply picture for oil remains intact despite geopolitical tensions in the Middle East, and talks more about the faltering demand for oi
Oil was attempting to hold its line in early trade on Thursday after an overnight sell-off, as players grappled with weak demand alongside a possible delay to more supply entering the market next mont
Caroline Woods and Kevin Green discuss Wednesday's weakness in semiconductor stock Intel (INTC) and some technical patterns emerging in the energy sector. Caroline and Kevin then break down and react
Dan Pickering, Pickering Energy Partners founder and CIO, joins CNBC's 'Power Lunch' to discuss how to read the state of the oil market, what's behind falling prices, and more.
Oil traders stay focused on the recent economic data from the U.S. and China.
Oil prices fell on Wednesday after OPEC+ sources said that it was talking about holding back a plan to boost output in October due to concerns over demand and production possibly coming back to Libya.

Only OPEC Can Stop the Oil Slide

01:28pm, Wednesday, 04'th Sep 2024
The cartel and its allies will determine whether oil prices climb or fall, depending on delegates decide to extend output reductions.
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