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

Concerns about a new and more infectious strain of COVID-19 in the U.K. and South Africa have triggered worries about demand for oil, weighing on prices on Monday.

Futures Movers: Oil prices tumble on worries that new COVID-19 strain will hit demand

Oil prices slid in early trade on Monday as a fast-spreading new coronavirus strain in the United Kingdom raised concerns that tighter restrictions there and in other European countries could stall a recovery in the global economy and its need for fuel.

Oil prices fall amid worries over new coronavirus strain

Oil futures climbed on Friday and marked a weekly gain for a seventh consecutive session. Crude prices rose as Moderna Inc.'s COVID vaccine is poised to get vaccine authorization from the U.S. Food and Drug Administration, said Edward Moya, senior market analyst at Oanda.

Oil futures score a 7th straight weekly gain

In parallel with our suggestion that equities could be forming a top this month, we believe crude oil futures (CL) are due for a correction soon. The idea is consistent with the current oil glut, but we are looking mainly at the price charts.

Crude Oil Nears Trading Top, Price Correction Looms

The year 2020 has been unlike any other, with Covid-19 economic restrictions hitting oil demand hard and OPEC+ disagreements contributing to a plunge to negative prices. But the rollout of vaccines in the U.S. and Europe offers hope for a fresh start in the new year.

Commodities Corner: Why oil prices aren't expected to see a quick recovery from a more than 20% loss in 2020

Oil futures were little changed Friday, but were on track for a seventh straight weekly rise as traders remained optimistic about vaccine rollouts and prospects for U.S. lawmakers to reach a deal on an economic relief package.

Futures Movers: Oil prices on track for 7th straight weekly rise

Fears that current low prices will lead to a new price spike are probably exaggerated.

Will Oil Prices Recover Or Soar?

Oil prices eased on Friday but stayed within touching distance of nine-month highs hit overnight as soaring COVID-19 cases weigh on fuel demand and U.S. lawmakers continue to battle over a $900 billion economic stimulus package.

Oil slips in breather after run to 9-month high as COVID-19 surge stokes demand fears

Oil futures tallied a fourth session climb in a row on Thursday, with U.S. prices marking another finish at their highest since late February. Hopes for another COVID-19 U.S. relief package and the rollout of vaccines looked to improve the economic outlook, and demand for oil.

Oil futures up 4 sessions in a row, with U.S. prices at highest since late February

Oil futures rise Thursday, lifted by signs of progress toward another round of economic relief by U.S. lawmakers a day after data showed a fall in crude inventories.

Futures Movers: Oil trades at more-than-9-month highs

Oil prices hit a nine-month high early on Thursday after U.S. government data showed that crude stockpiles fell last week and on optimism over a coronavirus relief package in the United States.

Oil prices hit nine-month high after U.S. crude stock draw

Oil futures climbed on Wednesday to tally a third straight session gain. "Oil continues to draw support from hopes of a faster demand recovery as countries across the globe approve coronavirus vaccines," said Lukman Otunuga, market analysis manager at FXTM.

Oil futures tally a third straight session gain

The Energy Information Administration reported Wednesday that U.S. crude inventories fell by 3.1 million barrels for the week ended Dec. 11. That compared with the average decline of 1.9 million barrels forecast by analysts polled by S&P Global Platts.

EIA reports a more than 3 million-barrel weekly decline in U.S. crude supplies

An attack on a Saudi oil tanker by an explosive-laden boat in the port of Jeddah Monday has renewed concerns over the geopolitical stability of the Persian Gulf and pushed Brent futures above $50 per barrel.

Oil Prices Rise On Renewed Instability In The Persian Gulf

Oil futures trade near unchanged, underpinned by hopes for progress toward another U.S. economic relief package and the continued rollout of a COVID-19 vaccine, while upside was capped by data showing a rise in crude inventories.

Futures Movers: Oil struggles for direction as traders weigh stimulus hopes versus rise in inventories

Oil prices dropped on Wednesday on a surprise gain in crude oil inventories in the United States and as investors continued to worry about demand for fuel being squeezed amid tighter lockdowns in Europe to counter the coronavirus pandemic.

Oil prices slip on surprise gain in U.S. inventory, demand worries

The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 1.97 million barrels for the week ended Dec. 11, according to sources. The data also reportedly showed gasoline stockpiles up by 828,000 barrels, while distillate inventories rose by 4.8 million barrels.

API reports a nearly 2 million-barrel weekly climb in U.S. crude supplies, sources say

Oil futures rose on Tuesday to post a second straight gain, finding support as the rollout of a U.S. COVID-19 vaccine helped ease concerns about weak energy demand. Signs of stronger demand from China have also contributed to oil's rise, according to Phil Flynn, senior market analyst at The Price Futures Group.

Oil futures up a second session as U.S. vaccine, China data ease energy demand concerns

Oil futures rise Tuesday, with Brent crude pushing further above $50 a barrel, as investors cheered the rollout of a COVID-19 vaccine and tracked progress in Washington toward another round of economic relief.

Futures Movers: Oil prices build on 9-month highs on vaccine optimism, U.S. stimulus hopes

Oil prices dipped in early trade on Tuesday, with demand worries due to tighter lockdowns in Europe outweighing relief from vaccination rollouts and concerns about a flare-up of tension in the Middle East.

Oil slips on demand worries as COVID-19 lockdowns tighten in Europe

Oil futures finished higher on Monday as the rollout of a COVID-19 vaccine in the U.S. raised the potential for an improvement in the economy, as well as energy demand. The Organization of the Petroleum Exporting Countries, however, lowered its 2020 and 2021 forecasts for oil demand, limiting the gain for prices.

Oil futures finish higher as U.S. vaccine lifts potential for a rebound in energy demand

OPEC pares back its forecast for global demand.

Oil's Recovery Next Year Could Be Complicated

The Organization of the Petroleum Exporting Countries, or OPEC, on Monday cut its forecast for 2021 growth in oil demand, citing "uncertainty surrounding the impact of COVID-19 and the labor market" on the outlook for transportation fuel in developed economies during the first half of next year. OPEC cut its forecast for world oil-demand growth to 5.9 million barrels a day, down 350,000 barrels a day from its previous projection.

OPEC cuts forecast for 2021 growth in oil demand

Oil futures rise Monday as the U.S. rollout of a COVID-19 vaccine begins.

Futures Movers: Oil lifted on vaccine optimism, tanker explosion

Oil & gas supply some 70% of U.S. energy and will remain critical for longer than many are trying to convince you of, even as renewables and electric cars are indeed growing markets.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)