NYSEARCA:UCO

Proshares Ultra Bloomberg Crude Oil ETF News

etoro logo Buy UCO
*Your capital is at risk
$44.81
-1.43 (-3.09%)
At Close: Jun 05, 2026
Russia will reduce its oil output by 500,000 barrels per day in March, Deputy Prime Minister Alexander Novak said on Friday.
Crude prices jumped on Friday after Russia announced a retaliatory move against western price caps with a plan to reduce oil output by 500,000 barrels per day in March.
Crude oil markets have pulled back just a bit during the trading session on Thursday, as the 50-Day EMA has been very resistive.
A jump in U.S. oil inventories and a stronger U.S. Dollar are offsetting the optimism that had been building over recovering Chinese demand.
Oil futures traded slightly higher early Thursday after shaking off a seventh straight weekly rise in U.S. crude inventories during the previous session.
Oil edged up in early trade on Thursday, extending gains for a fourth consecutive day, as crude loading disruptions in Turkey and optimism over China's recovering demand continued to buoy sentiment.
Oil futures settled higher for a third session in a row on Wednesday. The Energy Information Administration reported weekly increases in U.S. crude, gasoline and distillate supplies.
Oil markets continued to rebound after the release of the EIA report.

USO: Tough Pills For The Oil Bulls To Swallow

05:46am, Monday, 09'th Jan 2023 Seeking Alpha
Demand for oil will likely remain constrained this year as one-third of the global economy is set to fall into a recession. Click here to read why USO is a Sell.

My Top Market Prediction For 2023

11:30am, Wednesday, 04'th Jan 2023 Seeking Alpha
I expect traditional fossil fuel energy companies to continue to excel, rising to up to 30% of the S&P 500 in the upcoming years as technology stocks continue to shrink. Read more here...

The Oil And Gas Industry: A Crude Awakening

12:15pm, Wednesday, 19'th Oct 2022 Seeking Alpha
Bulls and bears argue heavily about the outlook for the oil and gas industry. See why I believe that the outlook for the foreseeable future is far from bad.

The Oil And Gas Industry Likely Heading For A Long-Term Downfall

09:28am, Monday, 17'th Oct 2022 Seeking Alpha
OECD liquids production continues to rise QoQ, putting downward pressure on the oil price. Read more to see the factors contributing to the fall in oil prices.

Best Inverse/Leveraged ETFs of Last Week Up At Least 15%

12:00pm, Monday, 10'th Oct 2022 Zacks Investment Research
Wall Street was upbeat last week. Cannabis and oil were the specific outperformers,

Energy: The Area Under The Curve

10:05am, Monday, 11'th Jul 2022 Seeking Alpha
Taking a look at the drivers of major oil and gas bull markets. Consensus analysts are probably aiming too low with their long-run oil and gas price forecasts. Read more.
In buying Occidental Buffett is applying superb analysis to an industry that he knows, taking a knowledge-based contrary view to the idea that the death of hydrocarbons is here. Read more...
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE