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Buy UCO
$46.70
+1.89 (+4.22%)
At Close: Jun 08, 2026
Oil rises on strengthening Fed rate cut expectations
09:28pm, Wednesday, 05'th Jun 2024
Oil rose in early Asian trading on Thursday on rising expectations the Federal Reserve will cut interest rates in September, and as the market rebounded from a selloff related to growing U.S. inventor
UCO: Crude Sell-Off Overdone, Watch For That Rebound (Rating Upgrade)
05:45pm, Wednesday, 05'th Jun 2024
Following the sharp sell-off over the past two trading sessions, we now see an imminent technical rebound in WTI crude that should present an attractive trading opportunity. Taking advantage of UCO's
Plummeting oil, diesel, and copper prices signal economic stress. Here's why.
12:52pm, Wednesday, 05'th Jun 2024
Some commodities can serve as barometers of economic activity, and the recent sharp declines in diesel, crude oil, and copper prices, along with signs of a demand slowdown in recent weeks, hint at a U
UBS: Expect oil prices to gravitate toward mid-80s by the third quarter
09:00am, Wednesday, 05'th Jun 2024
Wayne Gordon of UBS Global Wealth Management discusses OPEC+'s extension of oil output cuts into 2025.
Oil prices rise but hover near four-month low on proposed OPEC+ supply increase later this year
08:41am, Wednesday, 05'th Jun 2024
Oil futures rebounded slightly after a sell-off this week pushed prices to four-month lows. The sell-off came after eight OPEC+ members announced plans to increase production starting in October of th
Is the oil market oversupplied? It depends on where you look, energy consultant says
08:30am, Wednesday, 05'th Jun 2024
Abdulaziz Almoqbel, energy markets consultant, discusses OPEC+'s extension of oil output cuts into 2025.
Is the oil market oversupplied?
08:00am, Wednesday, 05'th Jun 2024
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Oil Holds Near Four-Month Lows After OPEC+ Decision
06:54am, Wednesday, 05'th Jun 2024
Nadia Martin Wiggen, director at Svelland Capital, sees oil demand rising in the third quarter, but thinks markets are focused on the wrong aspect of OPEC+'s surprise decision to return oil supply to
Oil prices edge lower after industry data shows rise in U.S. crude, gasoline stocks
06:31am, Wednesday, 05'th Jun 2024
Oil futures ticked lower early Wednesday, feeling pressure after industry data showed an unexpected rise in U.S. crude inventories and a larger-than-expected increase in gasoline stocks.
Oil market 'oversold'? Analysts and traders pin crude's price plunge on demand, trading strategies
06:16am, Wednesday, 05'th Jun 2024
Oil prices have defied the announcement of extended supply cuts from the OPEC+ alliance with brisk declines. Oil prices bowed below $80 barrels per day despite this prospect of market tightness, with
What a Positive Correlation Between Oil & Rates Means
04:57pm, Tuesday, 04'th Jun 2024
What does a positive correlation between oil and rates mean? Nasdaq's Brian Joyce discusses the correlation between oil and rates.
Bull Signal Says Buy Oil Giant Ahead of OPEC+ Meeting
04:32pm, Tuesday, 04'th Jun 2024
Subscribers to Chart of the Week received this commentary on Sunday, June 2.
SCO: With The OPEC Meeting Behind Us, Oil Prices Will Stay Supported
03:13pm, Tuesday, 04'th Jun 2024
This article analyzes the ProShares UltraShort Bloomberg Crude Oil ETF within the context of the recent OPEC meeting and its impact on oil prices. OPEC+ extended oil production cuts to support prices
US lawmakers ask Justice Department to probe allegations of collusion between OPEC, oil companies
02:22pm, Tuesday, 04'th Jun 2024
A group of Democratic U.S. Representatives asked the Justice Department in a letter on Tuesday to probe "potential antitrust conspiracies" among U.S. oil producers and the OPEC oil production group.
Why oil's recent drop is not a recession signal — and good news for stocks
02:11pm, Tuesday, 04'th Jun 2024
The recent decline in oil prices is not a sign that the U.S. economy is heading for a recession — with the downward trend instead considered positive for stocks, according to DataTrek Research.
