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

Investors were assessing the likely damage to oil demand from the Omicron COVID-19 variant, while the OPEC+ group postponed a meeting to do the same.

Oil rebounds from Friday's rout, as traders assess the impact on demand of the Omicron variant

LONDON (Reuters) -Oil rebounded by almost 5% on Monday to $76 a barrel as some investors viewed Friday's slump in oil and financial markets on concern about the Omicron coronavirus variant as overdone.

Oil rebounds to $76 on speculation Omicron-related drop overdone

The oil market has been getting used to volatility in recent weeks, but nothing could have prepared it for the drastic drop in price by close of trading on Friday. Brent crude was down by more than 11 percent to close at US$72.72 with WTI holding above US$68 a barrel.

Worrying week ahead for oil markets

Oil prices climbed on Monday, recouping a portion of dramatic losses seen late last week as markets scrambled to assess a new COVID variant. Investors are also awaiting this week's OPEC meetings, some of which have reportedly been delayed due to recent price action.

Futures Movers: Oil prices claw back some of Fridays rout, as OPEC reportedly set to delay technical meetings

Asian oil refiners' margins have slumped to the lowest in nearly five months amid worries that the Omicron coronavirus variant could deal another blow to oil demand recovery, already hit by rising COVID-19 cases in Europe.

Omicron threatens oil demand recovery, already hit by Europe's rising COVID cases

The discovery of a new variant of the coronavirus that causes COVID-19 sent crude-oil prices plunging Friday, giving major oil producing nations a reason to pause planned production increases while blunting criticism from the U.S. and other major energy consumers, analysts said.

Market Extra: OPEC+ has excuse to pause oil production increases after COVID variant sparks crude plunge

Oil prices came under pressure on Friday amid demand concerns after the WHO warned of a new Covid variant.

Oil tumbles 5% as new Covid variant sparks global demand concerns

Emergence of possibly vaccine-resistant B.1.1.529 variant threatens to reverse recent gains just as travel and economic activity were beginning to recover

Oil price drops 10% in biggest one-day fall since early days of pandemic

Brent and WTI fell by more than 6%, given the expectation for a surplus of unused fuel to weigh on prices in the coming few months.

Oil tumbles by the most in 4 months after new Covid variant heightens fears over global demand outlook

Oil prices slid more than 1% on Friday on concerns that a global supply surplus could swell in the first quarter following a coordinated release of crude reserves among major consumers, led by the United States.

Oil skids on concerns of rising surplus in Q1

Prices remain at around $80 a barrel as U.S. decision to release strategic reserves fizzles out

Oil Prices Hover Near Year-Highs as OPEC Mulls Output Freeze

The release of crude oil from the U.S. Strategic Petroleum Reserve, announced Tuesday by the Biden administration, comes at a time when the price of gasoline has become a major political issue and when there are some signs oil markets are setting up for a steady decline. The U.S. will release 50 million barrels of oil from the Strategic Petroleum Reserve (SPR), a storehouse of oil that was created in the 1970s as protection against disruption of oil supplies.

Reserve oil being released into market that may have peaked

Oil futures were little changed Wednesday, with the U.S. benchmark flipping between small gains and losses after government data showed U.S. crude inventories rose by around 1 million barrels in the week ended Nov. 19. West Texas Intermediate crude for January delivery CL00, +0.15% CLF22, +0.15% was down 4 cents, or 0.1%, at $75.46 a barrel on the New York Mercantile Exchange.

Oil futures little changed after rise in crude inventories

Oil futures were slightly lower early Wednesday, with traders awaiting a response from OPEC and its allies to a U.S.-led coordinated release of crude from strategic reserves, as well as weekly data on inventories.

Futures Movers: Oil prices edge lower as traders await response to Strategic Petroleum Reserve release

Oil prices have jumped more than 50% this year, with demand outstripping supply as more countries emerge from national lockdowns due to Covid.

Oil prices are headed for $100 despite U.S. efforts to release reserves, analyst says

Oil prices fell on Wednesday as the U.S.-led coordinated release of stocks from strategic reserves eased concerns over tightness in global supply, while investors took profits from the previous day's rally ahead of the U.S. Thanksgiving holiday.

Oil prices drop as coordinated reserve release eases some supply fears

Crude oil ETFs are gaining ground on Tuesday despite comments from President Biden that the administration will open the Strategic Petroleum Reserve as part of a worldwide effort by energy-consuming nations to temper this year's surge in gas prices. The scheduled release between the U.S., India, China, Japan, the Republic of Korea, and the United [.

Crude ETFs Climb Despite News That SPR Reserves Could Be Released

The cartel could slow its production increases, but there is a political risk.

The U.S. Oil Move Was Big. OPEC's Response Could Be Bigger.

Oil futures ended with strong gains Tuesday, as traders appeared to fade a long-anticipated decision by President Joe Biden to release crude from the Strategic Petroleum Reserve as part of coordinated U.S.-led effort by energy-consuming countries. West Texas Intermediate crude for January delivery CL00, +2.50% CLF22, +2.50% rose $1.75, or 2.3%, to finish at $78.50 a barrel on the New York Mercantile Exchange.

Oil ends with strong gains despite release of strategic reserves

Today President Biden used one of the few methods he has available for curbing gasoline prices in the short term.

How A President Can Impact Gasoline Prices

Oil futures rose sharply Tuesday after the Biden administration announced a coordinated, U.S.-led effort by energy consuming countries to release strategic crude reserves. What gives?

Commodities Corner: Why oil prices are rising after the U.S. leads global release of strategic reserves

Some of the world's biggest energy-consuming nations are joining a US-led effort to release strategic oil reserves to try to cool high prices and tame inflation.

These countries are joining the US to tap their emergency crude reserves

Tapping emergency oil reserves comes as Americans are paying the highest pump gas prices since 2013.

Oil surges after US announces plans to tap emergency reserves to tackle rising gas prices

ConocoPhillips

Chevron

Marathon Oil

Occidental Petroleum

Energy Select Sector SPDR Fund

Exxon Mobil

Shares of oil companies are enjoying a broad rally Tuesday, after crude oil prices bounces sharply to turn positive, shrugging off President Biden's announcement of a plan to release 50 million barrels of oil from the U.S. Strategic Petroleum Reserve (SPR) in an attempt to rein in prices. The SPDR Energy Select Sector ETF XLE, +1.77% rose 1.1% in premarket trading, with all 21 components gaining ground ahead of the open.

Oil stocks see broad rally as crude prices reverse higher after SPR release plan

Crude oil prices were on the backfoot on Tuesday as the United States confirmed it will release pressure on fuel prices, with a loan of crude from emergency reserve stockpiles. America is going to release some 50mln barrels of the black stuff in a co-ordinated move with China, Japan, India, South Korea and the UK in a bid to lower fuel prices and cool inflation.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)