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

Crude prices are falling in line with global stocks.

Oil Prices Are Falling Despite Strong Demand Outlook

A super-sized interest rate hike by the U.S. Federal Reserve next week could bring the economy to a halt, driving down demand.

Crude Oil Price Update – Rally Stalls at $89.43 – $91.37 Retracement Zone on Demand Worries

Oil futures drifted slightly lower early Thursday as the U.S. dollar continued to strengthen and investors remained jittery about the demand outlook as the Federal Reserve prepares to deliver what's expected to be another jumbo interest rate hike next week.

Oil prices drift lower as U.S. dollar strengthens

We're expecting more sideways trading until at least the end of October when the U.S. will stop drawing crude oil from its Strategic Petroleum Reserve (SPR).

Oil Price Fundamental Daily Forecast – Drifting Lower as Buyers Struggle with Economic Uncertainty

Oil prices held gains in early trading Thursday after two influential international groups stuck to predictions for strong demand this year and next.

Oil Holds Gains on Signs Demand Is Standing Firm

Oil prices edged upwards in early Asian trade on Thursday, as supply concerns and a looming rail stoppage in the United States, the world's biggest crude consumer, supported markets.

Oil rises on weakening dollar, potential supply disruptions

Crude prices have tumbled in recent months after skyrocketing earlier in the year

Charts suggest oil will bounce short-term then head lower, Jim Cramer says

"In the end, we're going to see a structural deficit that cant be managed or met quickly enough," said JPMorgan energy strategist Christyan Malek.

Oil prices are headed to $150 a barrel as energy demand continues to outpace supply, JPMorgan energy strategist says

Natural gas rallied towards $8.70. Gold remains stuck near the $1700 level.

WTI Oil Gains Ground After EIA Report

Oil futures ticked down in choppy trade on Wednesday, after the International Energy Agency cut its outlook for China's crude demand but projected that European power producers would boost demand for oil as they switch away from natural gas following Russia's halt to flows through the Nord Stream pipeline.

Oil ticks lower as IEA offers mixed picture on crude demand

There are many cases of disinformation that have had serious consequences, but only the oil industry faces legal challenges.

Why Single Out The Oil Industry For Supposed Disinformation?

The EIA inventories report is expected to show that crude oil stockpiles rose 1.9 million barrels during the week-ending September 9.

Oil Price Fundamental Daily Forecast – Supported by IEA 2023 Outlook, but Strong Dollar Could Cap Gains

Growth in global oil demand is set to grind to a halt in the fourth quarter of this year as an economic slowdown deepens, the International Energy Agency (IEA) said on Wednesday, but said it would resume strongly in 2023.

Oil demand set to stop growing in Q4 as slowdown bites, IEA says

Oil prices inched higher in early trade on Wednesday as OPEC stuck to forecasts for robust global fuel demand growth, offsetting concerns of another U.S. Federal Reserve interest rate hike next week after consumer prices unexpectedly rose in August.

Oil prices creep higher on robust global demand outlook

UCO is a high-risk, double-long oil market exposure. The Fund attempts to track an index on a daily basis, subjecting investors to even greater risk if they hold UCO any longer.

UCO: A Double-Barreled Oil Price Exposure

Oil futures settled lower on Tuesday, with Federal Reserve policy expectations "dominating the price action," said Tyler Richey, co-editor of Sevens Report Research. The “hot” CPI print brought a 100-basis-point rate hike into play at the September meeting, he said.

Oil futures settle lower as 'hot' inflation data raise likelihood of higher U.S. interest rates

Crude oil markets have done very little during the trading session on Tuesday, which has me thinking that we are already starting to run out of momentum.

Crude Oil Price Forecast – Crude Oil Markets Sit Quietly

The remarks are the latest signal that the group is prepared to backstop the oil market and prevent prices from falling much further, confounding efforts by Western governments to ease the pain of high energy prices.

OPEC Reiterates Warning About Disconnected Oil Market

The Organization of the Petroleum Exporting Countries on Tuesday left its forecast for growth in world oil demand unchanged in 2022 and 2023. In its monthly report, OPEC said oil demand remains on track for a rise of 3.1 million barrels a day in 2022, with the second quarter revised higher amid better-than-anticipated demand in big, developed economies that are members of the Organization for Economic Cooperation and Development, or OECD, with third- and fourth-quarter seeing offsetting revisions.

OPEC leaves forecast for oil-demand growth unchanged in 2022 and 2023

Oil futures rose Tuesday, finding support as concerns around the supply outlook moved back into focus and the U.S. dollar continued its pullback from multidecade highs.

Oil prices attempt 4th straight rise as supply worries move back into focus

Recent data showed China's economy lost further momentum in August, with factory activity extending declines and export growth slowing.

Oil Price Fundamental Daily Forecast – Stronger as Supply Concerns Offset Demand Worries

Oil prices edged up early on Tuesday, extending gains from the previous session as investors worried about tight supply ahead of the winter heating season in the Northern Hemisphere.

Oil prices edge higher on worries over tighter supply

Oil prices have fallen nearly 30% from their peak earlier this year, but oil stocks are down only 12%. Attractive dividends are helping.

Oil Stocks Look Like a Better Bet Than Oil Itself

Oil futures climbed on Monday, with the U.S. benchmark marking its highest settlement month to date. The "bullish trifecta pushing the envelope [Monday] are faltering Iranian nuclear discussions, broad based recovery in the U.S. capital markets and resilient strength in U.S. wage growth," said Manish Raj, chief financial officer at Velandera Energy Partners.

U.S. oil futures settle at highest price of month so far

Prices are still back to levels from before Russia invaded Ukraine at the end of February.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)