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 prices have, once again, dropped below $40.00 a barrel, as the demand for oil and gas continues to wane and the supply of oil is being maintained.

Things Are Not Well In The Oil Patch

Oil rose in early trade on Tuesday, paring sharp overnight losses, as the latest tropical storm in the Gulf of Mexico lost strength, but worries about fuel demand persisted with flare-ups around the globe in coronavirus cases.

Oil rises as U.S. storm eases, but demand worries linger

U.S. gasoline prices tumbled in Monday's energy market selloff, as worries about weak demand for fuel returned as the threat of Tropical Storm Beta waned, market analysts said.

U.S. gasoline prices slump as storm fears wane, demand concerns return

New York, New York--(Newsfile Corp. - September 21, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Proshares Ultra Bloomberg Crude Oil ("UCO") (NYSE: UCO) between March 6, 2020 and April 27, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Southern District of New York....

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Proshares Ultra Bloomberg Crude Oil of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 28, 2020 - UCO

Oil prices fell on Monday on the potential return of oil output from Libya even as rising coronavirus cases add to worries about global demand, although losses were limited as a new tropical storm heads for the U.S. Gulf of Mexico.

Oil prices slip on potential Libyan oil return; Gulf storm supports

Global oil refiners reeling from months of lackluster demand and an abundance of inventories are cutting fuel production into the autumn because the recovery in demand from the impact of coronavirus has stalled, according to executives, refinery workers and industry analysts.

Oil refiners worldwide struggle with weak demand, inventory glut

U.S. oil futures settled with a modest gain on Friday, ending higher for the week after the Organization of the Petroleum Exporting Countries and its allies reiterated their commitment to output cuts.

U.S. oil futures end with a modest gain for the session, but post a 10% rise for the week

The federal government's EIA report revealed that crude inventories fell by 4.4 million barrels for the week ending Sep 11 compared to expectations of a 1.8 million-barrel decline.

Oil Gets a Lift From EIA Supply Data, Moves Back Above $40

Oil prices drifted lower on Friday, pausing after three days of gains, as producers prepared to resume operations in the Gulf of Mexico and data showed Saudi Arabian exports rose from record lows.

Oil eases as U.S. production returns after storm

COVID-19 temporarily collapsed Oil demand, aggressively promoting electric vehicles through regulations in the US, Europe and China can ensure that Oil Demand never recovers, allowing the world to fight climate change and have clean air.

We Can Make 2019 the Year Oil Demand Peaked

Recent reports warned of a continued COVID-19-related drop in demand for the remainder of 2020.

OPEC+ Meets to Discuss Stabilizing Oil Market

Oil futures finished higher on Thursday after the Organization of the Petroleum Exporting Countries and its allies emphasized their commitment to reach full compliance with pledged output cuts during a joint committee meeting.

Oil futures finish higher as OPEC+ emphasizes commitment to reach full output-cut compliance

The reality of the fundamental economic shift accelerated by COVID-19 is hitting the oil market, with reports from BP that we may already have passed the point of peak oil.

Past The Peak: A New Reality For Oil?

An OPEC+ technical panel warned that a rise in coronavirus cases in some countries may curb oil demand despite signs of economic recovery and initial indications of a decline in oil stocks, according to an internal document seen by Reuters on Thursday.

Exclusive: OPEC+ panel warns of virus impact, sees signs of decline in oil overhang

OPEC and allies, led by Russia, are scheduled to hold an online meeting on Thursday to discuss compliance with their agreed output cuts and demand trends amid falling oil prices and a faltering economic recovery outlook.

OPEC+ panel to meet amid oil price decline, worry of virus impact

OPEC and non-OPEC allies will hold a virtual meeting on Thursday to review the oil market and discuss compliance with deep production cuts.

OPEC and non-OPEC allies to review oil production cuts after dire demand warnings

Pandemic-related movement restrictions stopped people from commuting and traveling, drastically reducing oil usage.

The oil sector could face even more distress during coronavirus crisis as it struggles to draw investments

Oil prices were mixed in early trade on Thursday, just clinging to overnight gains, as concerns about weak fuel demand were in the frame again after Hurricane Sally blasted through the Gulf of Mexico into the southeastern United States.

Oil steady as demand worries revive, crews return to U.S. Gulf rigs

Oil futures rallied Wednesday, with U.S. prices up nearly 5% after the Energy Information Administration reported a 4.4 million-barrel weekly decline in domestic crude inventories.

Oil futures settle above $40 as U.S. supplies decline and Hurricane Sally leads to output cuts

The Paris-based organization now projects crude consumption to fall 8.4 million barrels per day to 91.7 million barrels per day in 2020.

IEA Follows EIA & OPEC, Sees Decelerating Oil Demand Recovery

Oil prices rose on Wednesday, extending gains from the previous session, as a hurricane disrupted U.S. offshore oil and gas production and an industry report showed a big drop in U.S.

Oil gains as hurricane shuts U.S. output, stockpiles fall

Oil futures ended higher on Tuesday, finding support as Hurricane Sally approached the northern U.S.

Oil, natural-gas futures end higher as Hurricane Sally disrupts Gulf of Mexico energy production

The IEA says that COVID-19 impacts will cause oil demand to sink for the remainder of the year.

Global Oil Demand Expectations Drop Even Further

Bharat Petroleum thinks India will start consuming less oil within five years.

Sorry Oil Companies, India Seen Hitting Peak Oil Use Soon

Per EIA, output from the Permian Basin is expected to rise by 23Mbbl/d month over month to 4,173 Mbbl/d in October.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)