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 were under pressure Tuesday, with both benchmarks on track for a fourth straight day of declines, as investors fretted over the outlook for demand due to the ongoing spread of the delta variant of the coronavirus that causes COVID-19.

Futures Movers: Oil on track for 4-day losing streak due to demand worries

Oil prices rose on Tuesday, recovering from the previous day's losses, as investors sought bargains and on expectations that major producers will not boost supply soon, though fears of weaker global demand amid surging pandemic capped gains.

Oil rises on bargain-hunting, expectations OPEC+ will not boost supply soon

U.S. shale oil output is expected to rise to 8.1 million barrels per day (bpd) in September, the highest since May 2020, according to the Energy Information Administration's monthly drilling productivity report on Monday.

U.S. shale oil output to rise to highest since May 2020

Oil futures declined on Monday, with U.S. prices settling at their lowest in a week. The factors pressuring oil prices include "rising COVID-19 cases, lower economic activity in China and delayed economic recovery elsewhere," said Manish Raj, chief financial officer at Velandera Energy.

U.S. oil futures settle at lowest in a week

Crude oil and crude ETFs tumbled by more than 3.5% on Monday to a one-week low, falling for a third consecutive trading session amid slowing economic activity in China and suggesting that new coronavirus outbreaks could be hamstringing the world's second-largest economy. Although the chaos this weekend in Afghanistan might appear to be a key [.

Crude Volatility Increases Amid Sluggish Activity in China

Gasoline prices in the U.S. hold near seven-year highs as the summer driving season nears an end.

Gas prices to remain elevated despite crude pullback

The Delta variant has spelled complications for supply chains running through China.

Oil slumps 4% as dismal data from China highlights supply-chain risks associated with Delta variant

Oil futures fell Monday, under pressure after a round of weak China data underscored the potential damage to demand from the spread of the delta variant of the coronavirus that causes COVID-19.

Futures Movers: Oil prices sink as China data rings alarm over demand

Oil prices fell more than 1% on Monday, dropping for a third session, as government-imposed restrictions on mobility to counter the spread of the Delta variant raised worries about a recovery in fuel demand.

Oil falls as Delta surge clouds fuel demand outlook

Oil futures finished lower on Friday, but U.S. prices managed to end the week a few cents a barrel higher. Traders continued to assess the outlook for demand as concerns over the spread of the delta COVID variant continue to spread.

U.S. oil futures end lower, but eke out a slight gain for the week

Oil futures hovered around unchanged Friday, maintaining a small weekly gain, as investors worry about the spread of the delta variant of the coronavirus that causes COVID-19, and its effect on crude demand.

Futures Movers: Oil clings to weekly gain as traders weigh spread of delta variant

U.S. investment bank Goldman Sachs said a recent call by the United States to OPEC+ to boost oil output is unlikely to result in higher production over the short-term given the threat to demand from the coronavirus Delta variant.

OPEC+ supply boost unlikely despite call from U.S. for more oil, says Goldman

Oil prices fell for a second day on Friday after the IEA warned that demand growth for crude and its products had slowed sharply as surging cases of COVID-19 worldwide has forced governments to revive restrictions on movement.

Oil falls a second day after IEA warns of slowdown in demand

Sherwood Lumber executive Kyle Little told CNBC that the lumber industry is now rebuilding its inventory to match renewed product demand.

Lumber executive says drop in prices has reignited demand for building projects

Oil futures ended with a modest loss on Thursday, but with prices trading more than 1% higher for the week so far. "Prices are high because inventories have dropped so much this year, but now, the delta variant is raising concerns about oil demand," said Michael Lynch, president of Strategic Energy & Economic Research.

U.S. oil futures end lower, but look to finish the week higher

Oil futures were slightly lower Thursday after monthly reports from the International Energy Agency and the Organization of the Petroleum Exporting Countries raised concerns over prospects for demand growth.

Futures Movers: Oil edges lower as IEA, OPEC reports highlight demand worries

By Bozorgmehr Sharafedin, Stephanie Kelly and Roslan Khasawneh

Drivers accelerate oil demand recovery but road ahead may be bumpy

The Organization of the Petroleum Exporting Countries on Thursday left its forecasts for growth in oil demand in 2021 and 2022 unchanged, while lifting its expectations for growth in supply outside of the organization. In its monthly report, OPEC said it expects oil demand to rise by around 6 million barrels a day this year to average 96.6 million barrels a day, followed by growth of 3.3 million barrels a day in 2022.

OPEC leaves forecasts for oil-demand growth unchanged, sees more supply

Oil prices were steady on Thursday following two days of gains after a call from the United States, the world's top oil consumer, for major producers to boost output reinforced supply concerns as economies ease their coronavirus restrictions.

Oil prices steady after U.S. call for more oil raises supply concerns

Crude oil prices have reversed course and are pushing back higher once more. This comes after oil prices held a key support level.

Crude Oil Price Reversal Positive For Energy Sector & Stocks

Oil futures remained under pressure Wednesday after the Energy Information Administration said U.S. crude inventories fell by 400,000 barrels last week. The EIA also said gasoline inventories dropped by 1.4 million barrels, while distillate stocks rose 1.8 million barrels.

Oil futures remain lower after EIA reports fall in U.S. crude inventories

(Reuters) -President Joe Biden's top aides are pressuring OPEC and its oil-producing allies to boost production in an effort to combat climbing gasoline prices that they see as a threat to the global economic recovery.

U.S. calls on OPEC and its allies to increase oil production

Oil futures retreated Wednesday, after news reports said the Biden administration would press the Organization of the Petroleum Exporting Countries and its allies to further boost output.

Futures Movers: Oil prices fall 1% as White House presses OPEC+ to boost output

Oil futures fell back Wednesday after a news report said the Biden administration would urge the Organization of the Petroleum Exporting Countries and its allies to boost production. "We are engaging with relevant OPEC+ members on the importance of competitive markets in setting prices," National Security Advisor Jake Sullivan said in a statement, CNBC reported.

Oil futures fall on report Biden administration will urge OPEC+ to boost output

Oil prices moved lower on Wednesday after CNBC reported that the White House said that OPEC+ needs to increase production.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)