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

Oil futures declined Friday but remained on track for back-to-back weekly gains as investors weighed the threat of a wider Middle East conflict that could threaten crude flows from the region.

Oil prices set for weekly gain on Middle East fears

Oil traders monitor the developments in the Middle East.

Oil News: Prices Pull Back Amid Profit-Taking

In order to avoid shocks to the energy sector, the U.S. and other Western nations maximized sanctions over the war with Ukraine without hurting Russia's oil industry.

Russia's Oil Keeps Flowing Despite Sanctions. That's How the U.S. Wants It.

Brent & WTI oil prices rise 1% as hurricane damage disrupts U.S. fuel supply, while Middle East tensions keep traders on edge.

Natural Gas and Oil Forecast: Brent, WTI Gain 1% Amid Hurricane Impact & Middle East Risks

As violence escalates in the Middle East, traders are scooping up oil-sensitive stocks and options. It's a risky strategy.

Oil's ‘War Premium' Is Back. Can Prices Top $100?

Oil eased on Friday after a rally the previous day, but prices remained set for a second straight weekly gain as investors weighed the impact of hurricane damage on U.S. demand against any broad supply disruption if Israel attacks Iranian oil sites.

Oil eases though investors wary over potential Mideast supply disruption

Concerns and uncertainty about possible Israeli retaliatory attacks on Iran's oil industry means markets will likely continue to see choppy trade going into the weekend, ANZ said.

Oil Falls; Choppy Trade May Continue

Recent reports indicate that Israel may soon make a final decision on how it would respond to the recent attack from Iran.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Israel Prepares To Retaliate Against Iran

The crude oil market has seen a bit of positivity during the session on Thursday, as the market continues to pressure the upside overall.

Crude Oil Price Forecast – Crude Oil Continues to Recover

Oil futures rose Thursday, bouncing after a two-day pullback, with support tied to continued worries over the potential for a more direct confrontation between Israel and Iran that could threaten Middle East crude flows.

Oil prices bounce after 2-day pullback as investors monitor Middle East

Oil traders wait for Israel's response to Iran's attack.

Oil News: Prices Rebound After The Strong Pullback

Rising geopolitical tensions and Hurricane Milton's impact push oil prices up. Learn what's next for the energy market.

Natural Gas and Oil Forecast: Hurricane Milton Pushes Prices Higher as Geopolitical Risks Mount

WTI crude oil has rebounded from support but remains volatile, while natural gas is declining from the resistance level.

Crude Oil, Natural Gas, and US Dollar Technical Analysis: Price Patterns and Key Levels

Oil prices rose in early Asian trade on Thursday on concerns about potential supply disruptions in the Middle East, with Israel planning to strike oil-producer Iran, and on spikes in fuel demand as a major storm barreled into Florida.

Oil prices rise on Israel-Iran conflict fears and U.S. storm

Oil rose in early Asian trade. Prices remain supported by rising Middle East tensions.

Oil Rises, Supported by Middle East Tensions

Oct. 9th, 2024 - After gaining momentum earlier this week for powering Artificial Intelligence's energy demand, the stocks of Vistra Corp (VST, Financial), Constellation Energy (CEG, Financial) and NRG Energy (NRG, Financial) crashed with CEG leading the downfall of 7%. This drop coincided with the crude oil's falling price of WTI Futures benchmark that went lower and almost touched the support price of $70 per barrel oil.

Lower Oil Prices Allegedly Drag Energy Stocks Today

Oil traders also focus on the situation in the Middle East.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Gasoline Inventories Fall

Gasoline inventories declined by 6.3 million barrels from the previous week.

Crude Inventories Increased By 5.8 Million Barrels

The crude oil market has fallen significantly over the last day or two, as the market will continue to see a lot of questions asked about the global demand picture, as well as the geopolitics, which is always an important thing to keep in the back of your mind.

Crude Oil Price Forecast – Crude Oil Continues to See Pressures

Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevron , boosted output to a record high in October, sources told Reuters, potentially complicating the country's future efforts to comply with its OPEC+ quota.

Top Kazakh oil field hits record output amid tensions with OPEC+, sources say

On Tuesday, the US stock market rallied after a plunge of more than 1% the previous day. The S&P 500 index rose by 0.97%, fueled by the "Magnificent 7" group led by AI giant Nvidia (NVDA, Financial, which surged 4%, reflecting broader optimism in the technology sector.

US stock markets rebounded, led by a tech rally and falling oil prices

Goldman Sachs sees global benchmark Brent jumping as much as $20 if an Israeli strike disrupts Iranian crude oil production.

U.S. crude oil drifts lower, trades below $74 per barrel after selloff

Oil futures were lower Wednesday morning ahead of official data on U.S. inventories, extending a sharp pullback seen the previous session on prospects for a cease-fire between Israel and Hezbollah.

Oil prices extend retreat after industry data shows rise in U.S. crude inventories

Crude oil futures dip as U.S. inventories surge 11M barrels, overshadowing Middle East risks and testing key $73.28 support level.

Oil News: Bearish Oil Outlook Emerges as EIA Cuts Demand and Price Forecasts

Goldman Sachs reports a slight decline in geopolitical risk premium indicators for the crude oil market, following a surge in Brent crude oil implied volatility and call option implied volatility last week. Traders are evaluating the developments in the Middle East conflict against ongoing bearish demand expectations, leading to stabilization in Asian market oil prices.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)