ProShares Ultra Bloomberg Crude Oil

UCO provides 2x the daily return of an index of futures contracts of WTI crude.

United States Brent Oil Fund LP

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

iShares U.S. Oil & Gas Exploration & Production ETF

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

The U.S. Coast Guard on Monday said it was still looking for the source of a leak from an underwater pipeline off the Louisiana coast in the Gulf of Mexico that it estimated had released more than a million gallons of crude oil.

US Coast Guard seeks source of some 1.1 million gallons of crude oil in Gulf of Mexico

Houthi militants seized a cargo ship in Red Sea, raising worries about the safety of oil supply routes.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Soars As Supply Risks Move Back Into Spotlight

The crude oil markets have rallied a bit during the trading session on Monday, to continue the recovery that we had seen on Friday.

Crude Oil Price Forecast – Crude Oil Markets Continue Recovery

The Organization of the Petroleum Exporting Countries and allies (OPEC+) are likely to extend or even deepen oil supply cuts into next year, after a more than 15% drop in Brent prices from a peak in September, eight analysts have predicted.

ANALYST VIEW More OPEC+ cuts likely next year, as oil prices plunge, analysts say

Following a careful analysis of the Zacks Oil and Gas - International E&P industry, we advise focusing on companies like Vermilion Energy (VET) and Tullow Oil (TUWOY).

How Should You Play the International Upstream Oil & Gas Industry?

Oil prices edged up on Monday on reports that major oil-producing nations could deepen existing cuts to supply. The Organization of the Petroleum Exporting Countries (OPEC) is poised to discuss cuts over and above daily reductions already in place when it meets on Sunday, November 26, according to Reuters sources.

OPEC mulling further oil production cuts - reports

Oil futures rose Monday morning, finding support as investors weighed the potential for an extension of production cuts by the Organization of the Petroleum Exporting Countries and its allies after crude prices fell last week to four-month lows.

Oil prices rise as traders await next move by OPEC+

The Financial Times reported that OPEC members are concerned about weaker prices and the Israel-Hamas war.

Oil Prices Extend Gains as OPEC Considers More Cuts

Brent, WTI crude oil futures gain on OPEC+ cut prospects, deeper cut predictions, and weaker US Dollar impacts.

Oil Prices Forecast: Futures Rally as OPEC+ Weighs Deeper Supply Cuts

Oil futures nudged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts to shore up prices, which have fallen for four weeks on easing concern of Mid-East supply disruption brought about by the Israel-Hamas conflict.

Oil extends gains as OPEC+ to mull deeper cuts

Despite a weekly decline, WTI crude prices firm ahead of weekend amid global inventory adjustments and looming OPEC+ decisions on production cuts.

Oil Prices Forecast: Production, Inventory Pressures Mount Ahead of OPEC Meeting

Refineries have been doing seasonal maintenance, and several are expected to be running at fuller strength soon.

Oil Prices Fall for 4th Straight Week. A Rebound May Be Coming.

Oil futures climbed on Friday, recouping most of the losses seen a day earlier that pulled prices to their lowest since July. Saudi Arabia is planning to prolong its voluntary oil production cut into next year, the Financial Times reported Friday.

Oil prices finish sharply higher as OPEC+ reportedly mulls further output cuts

US and international oil prices jumped on Friday by more than 4% after a week-long slump. Saudi Arabia is considering prolonging production cuts into 2024, the Financial Times reported.

Oil prices surge after falling below key threshold as report says Saudi Arabia plans to extend production cuts into 2024

Weaker labor market, manufacturing production slowing, new home prices falling and crude oil inventories rising more than expected are all to blame for the big drop in oil prices. US also eased sanctions on Venezuelan oil.

Crude Oil is the New Gold: Buy When There is Blood in the Street

According to a recent report, OPEC+ will discuss additional supply cuts when the group meets at the end of November.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Soars As OPEC+ May Deepen Production Cuts

OPEC+ is set to consider whether to make additional oil supply cuts when the group meets later this month, three OPEC+ sources told Reuters after prices dropped by almost 20 percent since late September.

OPEC+ to consider whether more oil cuts needed - sources

Crude oil markets have fallen again during the course of the trading week, as we continue to look for some type of support.

Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Look for Support

The crude oil markets bounced a bit during the Friday session, as we are trying to stabilize again.

Crude Oil Price Forecast – Crude Oil Recovers a Bit Into the Weekend

With oil prices plunging, we advise investors to buy stocks like Delek US Holdings (DK), EOG Resources (EOG) and Civitas Resources (CIV)) at bargain prices.

Oil Price Tumbles Below $75 With Production at Record Levels

The S&P 500 bounced in November, responding to falling interest rates and expectations of aggressive Fed rate cuts in 2024. However, it seems like the bounce was just a short covering and FOMO rally, which seems to be fading.

SP500: Crude Oil Signals An Imminent Recession

Oil futures recovered some ground early, reversing some of a decline that brought them to their lowest levels since July and left them on the cusp of bear-market territory.

Oil prices recover but still on track to see biggest 2-week drop since March

Even as crude prices largely tumbled into a bear market this week, Goldman Sachs says investors can count on the world's biggest oil cartel to keep a floor under the commodity in 2024.

OPEC will set a $80 floor for oil next year, say Goldman strategists

Oil prices are rising Friday but worries about demand continue to weigh on the market.

Oil Prices Creep Up but On Pace for Fourth-Straight Week of Declines

Oil prices face weekly loss amid demand concerns, with U.S. data showing high inventories while Saudi Arabia considers extended output cuts.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)