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

G7 countries will try to develop a mechanism that limits the price of Russian oil, and some traders believe that Russia's response will push oil prices higher.

WTI Oil Price Prediction – Traders React To Discussions Of Price Cap For Russian Oil

Oil futures ticked higher early Monday, as traders monitored talks by Group of Seven nations on additional moves aimed at targeting Russian crude.

Oil ticks higher as G-7 weighs price cap on Russian crude

Crude prices have been wavering between upward pressure from supply constraints and downward pressure from concern that the global economy is weakening.

Oil Prices Inch Up as G-7 Considers Price Cap for Russian Crude

Prices for spot crude in much of the world are rising on strong demand and a supply crunch, but in the oil futures market, worries of a recession have kept a lid on values.

Analysis-Spot crude surges while futures slip; rate hikes spook speculators

Traders are expecting OPEC and its allies to stick with its plan for accelerated oil output increases in August when it meets on June 30.

Crude Oil Price Update – Tight Range as Traders Hope G7 Provides Catalyst for Next Move

Oil prices slipped more than $1 a barrel on Monday as global economic concerns depressed the oil demand outlook while investors eyed the G7 meeting this week for possible moves on Russian oil exports and a revival of the Iran nuclear deal.

Oil slides more than $1 as G7 debate Iran nuclear deal, Russia

Analysts at Bank of America laid out scenarios where Brent crude oil prices could hit $75, $102, and $150 per barrel.

Oil prices could slump to $75 a barrel in a recession — or jump to $150 if European sanctions slam Russian supplies, BofA says

Oil futures settled higher on Friday, with U.S. prices recouping much of the losses they suffered on the back of recession concerns over the last two trading sessions. Prices, however, still posted a decline for the week, the second weekly decline in a row.

U.S. oil futures end higher after back-to-back session declines

Despite rising concerns over recession, the price action suggests traders still expect to see high demand and tight supply throughout the summer.

Crude Oil Price Update – Boosted by Strong Stock Market Performance, Tight Supplies

Crude oil markets have fallen during most of the week, only to turn around and find plenty of support.

Crude Oil Weekly Price Forecast – Crude Oil Markets Find Support

Crude oil markets bounced a bit during the trading session on Friday, using the trendline as a bit of support.

Crude Oil Price Forecast – Crude Oil Markets Bounce From a Major Trend Line

Oil investors are focusing on "recession - the R word," energy historian Yergin said in a CNBC discussion about oil prices that have been dropping.

Oil prices are coming down because looming economic growth risks outweigh tight supplies, energy expert Daniel Yergin says

Oil is among the biggest commodity gainers of the year as global supplies remain tight, but the potential for a recession threatens demand as major producers prepare to make another decision on output levels.

Don't expect any surprises from OPEC+, even as recession worries weigh on oil prices

The early trade shows that traders are tracking the U.S. stock market. If this is the case, then higher stock prices should lift crude oil prices.

Oil Price Fundamental Daily Forecast – Tight Supply, Rising Equities Offsetting Demand Worries

Crude prices were set to rise for the first session in three on Friday, though set for a weekly loss as the market has tried to buck worries over economic slowdowns that could cut into demand.

Oil prices move higher, but set for weekly loss amid demand worries

Crude prices were trading down after two days of Congressional testimony from the chair of the Federal Reserve.

Oil Prices Slip After Powell Raises Possibility of Recession

Oil prices have been dropping in the past month despite a market that's still tight, while Europe's tensions with Russia are keeping energy supply on a leash.

Dan Yergin explains why oil prices are falling despite tight supply, Russia tensions

Oil prices rose slightly in early Asian trade on Friday as nations seek to address global crude oil and fuel supply tightness.

Oil prices rise on tight supply, inventory uncertainty

Oil futures fell for a second consecutive session on Thursday, with U.S. prices marking their lowest settlement in more than six weeks. Oil has declined on "concern that slowing economic activity will prompt a falloff in demand," said Michael Hewson, chief market analyst at CMC Markets UK.

U.S. oil futures log a second consecutive day of losses

Crude oil markets have fallen a bit during the trading session on Thursday before finding buyers again. This is a market that is trying to find its demand zone.

Crude Oil Price Forecast – Crude Oil Markets Continue to Probe for Support

The options market is showing that traders are starting to think oil could be as much as 25% lower by the end of this year.

Oil is heading for its first monthly loss of 2022 as recession fears have knocked nearly 8% off the price— and traders are starting to bet it's got further to fall

Federal Reserve Chairman Jerome Powell says a recession is a possibility as the central bank hikes interest rates in an effort to cool inflation.

Oil Prices Sink Further

Oil futures lost ground Thursday, pulling back from three-month highs set earlier in June as recession worries rise.

Oil remains under pressure as recession fears rise

Crude oil has fallen 14% on recession fears. Without a deep recession, crude supplies should remain stretched for the next year.

UCO: Bullish On Crude Oil As Supplies Remain Tight, Demand Remains Strong

The American Petroleum Institute (API) reported late Wednesday a build in crude oil inventories of 5.607 million barrels for the week-ending June 17.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)