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

Increased demand and supply cuts could spark a rally of more than 20% in oil prices this year, analysts say.

Oil Rally Will Continue as Producers Curb Supplies

Oil prices rose on Wednesday to close to 1-year highs, as data hinted at stronger demand, while more stimulus and production cuts brightened the outlook. Brent crude - the international benchmark price - climbed 0.1% to $56.65 a barrel at 6.15am ET, having earlier risen above $57, its highest level since February. US WTI crude rose 0.28% hit trade at around its highest levels since February, at $53.38.

Oil prices rise to near 1-year highs as vaccines, stimulus and Saudi Arabian production cuts lift the energy outlook

Oil prices rose on Wednesday, with U.S. crude gaining for a seventh day, after an industry report showed a further drop in inventories and investors shrugged off worsening developments in the pandemic.

Oil prices extend gains after U.S. inventory drop

Crude oil futures are gaining on Tuesday as crude pegged an 11-month high as tighter supply and projections for a decline in U.S. inventories offset fears over surging coronavirus cases. Crude oil climbed to above $53 a barrel on Tuesday, for a gain of 1.63%, as the commodity approached the early March highs of near [.

Crude ETFs Gain as Oil Approaches March 2020 Levels

Oil futures rose Tuesday, with the U.S. benchmark closing at its highest since Feb. 21 as the U.S. dollar came under renewed pressure. West Texas Intermediate crude for February delivery rose 96 cents, or 1.8%, to close at $53.21 a barrel on the New York Mercantile Exchange.

Oil ends at nearly 11-month high as dollar weakness resumes

Oil futures trade higher Tuesday, with Brent crude resuming a push to the upside as a bounce by the U.S. dollar appeared to lose steam.

Futures Movers: Oil prices resume push to upside as dollar bounce abates

Oil prices slipped on Tuesday as investors remained concerned about climbing coronavirus cases globally, though an anticipated drawdown in crude oil inventory in the United States for a fifth straight week stemmed losses.

Oil prices sapped by rising virus cases; anticipated drop in U.S. inventory stems losses

Oil futures pull back Monday, feeling pressure as the U.S. dollar bounces off a more than 2 1/2-year low and as renewed COVID-19 lockdowns underscore demand worries.

Futures Movers: Oil prices fall as U.S. dollar bounces, COVID sparks lockdown fears

Oil prices fell on Monday on renewed concerns about global fuel demand amid strict coronavirus lockdowns in Europe and new movement restrictions in China, the world's second-largest oil user, after a jump in cases there.

Oil prices fall on renewed coronavirus concerns as China cases mount

A decision by OPEC and allied countries to cut crude production through March delivered a late Christmas present for U.S. shale firms that have slashed costs, but any rise in prices spurred by the unexpected move may be just a modest stocking stuffer.

OPEC crude output cuts should help U.S. shale profits in 2021

Oil futures rose Friday for a fourth straight session, with U.S. prices posting a weekly gain of 7.7%. Analysts attributed the bulk of the week's gains to Saudi Arabia's recent decision earlier this week to cut its output by additional 1 million barrels per day starting next month.

Oil futures settle higher, with U.S. prices tallying a weekly climb of nearly 8%

Oil futures rise Friday, continuing to build on gains sparked in large part to Saudi Arabia's decision earlier this week to unilaterally slash crude output.

Financial Stocks: Oil prices on track for weekly gain after Saudi output cut

Oil prices edged higher on Friday, hovering near 11-month highs hit the previous day, as Saudi Arabia's pledge to make voluntary cuts to its output continued to buoy the mood in the market though worries over slower fuel demand capped gains.

Oil hovers near 11-month highs, sustained by Saudi output cuts pledge

Oil futures rose Thursday for a third straight session, settling at another 11-month high. Four consecutive weeks of declines in U.S. crude supplies and Saudi Arabia's recent decision to cut its output by additional 1 million barrels per day starting next month continued to support prices.

Oil futures post a third straight session climb

Oil futures rise Thursday, extending gains scored the previous session after data showed a larger-than-expected drop in U.S. crude inventories.

Futures Movers: Oil prices extend rise as crude inventory drop, Saudi production cut provide tailwind

Oil prices were steady on Thursday after supporters of President Donald Trump stormed the U.S. Capitol, with investors focusing on the likelihood of tighter supplies after Saudi Arabia unilaterally agreed to cut output.

Oil steady after U.S. Capitol drama; tighter supplies in focus

Saudi Arabia unilaterally cuts production to make up for increase in Russian output and maintain price stability. The move was applauded by the market but is a sign of weakness for the Saudis and OPEC.

Oil Market Bulls Feast On Free Lunch Served Up By Saudi Arabia

Brent crude oil could surge to $65 per barrel by the end of 2021, even as near-term demand is set to be weak due to rising COVID-19 infections, Goldman Sachs said in a note on Tuesday. A move to $65 would represent potential upside of 21% as of Tuesday's close. Brent traded up as much as 1% in Wednesday trades, extending its two-day surge to as much as 7%. The initial rally was sparked by Saudi Arabia's surprise decision to cut its oil production by 1 million barrels per day throughout February and March.

Oil will surge 21% this year even as spiking COVID-19 infections hamper near-term demand, Goldman Sachs says

Oil futures climbed on Wednesday, with U.S. prices settling above $50 a barrel for the first time since last February, buoyed by a fourth straight decline in U.S. crude inventories, as well as Saudi Arabia's decision to cut its output by an additional 1 million barrels per day starting next month. February West Texas Intermediate crude rose 70 cents, or 1.4%, to settle at $50.63 a barrel on the New York Mercantile Exchange.

U.S. oil futures settle above $50 for the first time in 11 months

Oil futures headed higher on Wednesday after the Energy Information Administration reported that U.S. crude inventories fell by 8 million barrels for the week ended Jan. 1. That compared with the decline of 1.2 million barrels forecast by IHS Markit analysts.

Oil futures head higher after EIA reports an 8 million-barrel weekly drop in U.S. crude supplies

Goldman Sachs sees demand rebounding by March, with the arrival of warmer weather and increased vaccinations.

Oil prices expected to struggle despite Saudi cuts, but Goldman is more bullish than most

The WTI crude oil contract has shaken off pandemic headwinds but is still mired in a long-term downtrend.

Crude Oil Above $50 for the First Time in 10 Months

Oil futures edge lower Wednesday, puling back from an 11-month high set a day earlier after Saudi Arabia surprised traders with a unilateral production cut.

Futures Movers: Oil pulls back after surprise Saudi output cut pushes crude to 11-month high

Brent oil prices rose on Wednesday to the highest since February after Saudi Arabia agreed to make bigger cuts in output than expected during a meeting with allied producers, while industry data showed U.S. crude stockpiles fell last week.

Brent oil rises to highest since February after Saudi Arabia output cut

The leap was a response to Saudi Arabia's announcement of a production cut.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)