NYSEARCA:UCO

Proshares Ultra Bloomberg Crude Oil ETF News

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$44.81
-1.43 (-3.09%)
At Close: Jun 05, 2026
Stan Majcher, portfolio manager at Hotchkis & Wiley, joins 'The Exchange' to discuss today's energy sector surge, strength in oil demand, long term oil supply concerns.
Oil traders bet that U.S. will continue to buy oil for the Strategic Petroleum Reserve.
Oil prices test new highs as traders focus on the new buyer in a tight market.
Crude oil markets rallied again early during the day on Wednesday, as we continue to see upward pressure over all.
Despite recent gains, bearish crude oil market concerns persist as China's slow recovery overshadows OPEC+ cuts and stimulus hopes.
Oil traders shrugged off worries about China's economy and focused on tightening supplies.
Crude oil markets have fallen rather hard during the day on Tuesday, although it's probably worth noting that we have seen quite a bit of upward pressure recently.
Oil futures fell Tuesday, under pressure after disappointing trade data from China sparked worries over demand.
Saudi Arabia and Russia cut oil production significantly; China's July imports hit a low, while OPEC+ aims for stability through 2024.
Oil prices rose in early trade on Tuesday as supply concerns arising from production cuts by Saudi Arabia and Russia supported the market.

Is It Time To Load Up On UCO?

04:25pm, Monday, 07'th Aug 2023
Crude oil prices have turned higher and could potentially reach triple digits, with a technical breakout indicating higher prices. The US Strategic Petroleum Reserve (SPR) is at a four-decade low, lim
WTI oil declined towards the $82 level as traders waited for additional catalysts.
Oil prices jumped to the highest level in months on Monday days after Saudi Arabia announced that it would extended production cuts for another month.
Chris Senyek, Wolfe Research chief investment strategist, joins 'Squawk on the Street' to discuss the potential pitfalls in the next six months, Senyek's main concerns with oil prices, and the impact

WTI Oil May Test Yearly Highs Soon

12:10pm, Monday, 07'th Aug 2023
The recent extension of production cuts from Saudi Arabia and Russia may push WTI oil towards the $85 level.
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