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 demand from China and developing countries, combined with OPEC+ supply cuts, is likely to keep the market tight in the second half of the year despite a sluggish global economy, the head of the International Energy Agency (IEA) said on Monday.

Oil market to tighten with China demand and OPEC+ cuts, says IEA

Crude oil markets have drifted a little bit lower during the early hours on Monday, but have also seen buyers jumping back in and trying to support the market.

Crude Oil Price Forecast – Crude Pulls Back Slightly to Find Buyers

Portfolio investors tip-toed back into crude oil as Saudi Arabia extended its unilateral production cut for at least another month, dissipating some of the extreme pessimism gripping the market at the end of June.

Column: Oil investors less bearish after Saudi output cut extended: Kemp

Oil prices have been stuck near $75 since May. Fears of global economic slowdown and the knock-on effects on oil demand are offsetting supply cuts by members of OPEC.

American Shale Spoils OPEC's Party Again

Oil futures fell on Monday after recording their largest weekly gain in three months on Friday, as traders await key supply data due out later this week.

Oil prices retreat after best week in 3 months as traders await supply data

Weak Chinese factory-gate prices are pressuring crude oil prices, offsetting the potentially bullish impact of Saudi Arabia and Russia's supply cuts.

Oil Price Forecast: Traders Reacting to OPEC+ Supply Cuts, US, China Economic Uncertainty

Oil prices dipped in early Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers the United States and China this week, while expected crude supply cuts from Saudi Arabia and Russia supported the market.

Oil eases ahead of China, US data, but OPEC+ cuts support market

U.S. oil futures finished higher on Friday, buoyed by a third straight weekly decline in U.S. crude inventories. Prices posted a second successive weekly gain, but “when you consider the tightness of the market, and the announcement of further output cuts this week, it's somewhat surprising” they aren't even higher, said Michael Hewson, chief market analyst at CMC Markets UK.

U.S. oil ends higher for the session, tallies a nearly 5% weekly gain

Oil markets test multi-week highs as traders remain focused on production cuts.

Natural Gas, WTI Oil, Brent Oil – Oil Gains As Rebound Continues

Crude oil markets have rallied just a bit during the trading week, as we continue to hang around in the same general range bound area.

Crude Oil Weekly Price Forecast – Crude Oil Markets Rally Slightly for the Week

Crude oil markets have been very quiet during the trading session on Friday, as traders continue to struggle with the 50-Day EMA.

Crude Oil Price Forecast – Crude Oil Markets Do Very Little on Friday

Oil futures were slightly higher Friday, on track for weekly gains after data showed further declines in U.S. crude and product inventories this week.

Oil prices on track for weekly gains

Commerzbank on Friday cut its 2023 and 2024 oil price forecasts, reflecting pessimism in the market over the economic outlook despite supply cuts from key producers that could contribute to a deficit.

Commerzbank cuts oil price forecasts to reflect bearish market sentiment

WTI crude oil prices set for 2nd weekly gain on robust demand, significant US inventory drop, and OPEC's output cuts, signaling a bullish outlook.

Oil Price Forecast: Set for Second Weekly Gain Amid Strong Demand

Oil prices were largely unchanged on Friday, but set to post weekly gains, as fears of higher U.S. interest rates that could dampen energy demand were offset by signs of tighter supply after a larger-than-expected fall in U.S. oil stocks.

Oil prices steady as rate hike fears offset signs of tightening supply

U.S. oil futures gave up their early Thursday losses to settle almost unchanged for the session. Prices found some support following a report from the Energy Information Administration showing a third straight weekly fall in U.S. crude inventories, along with larger-than-expected weekly declines in gasoline and distillate supplies.

U.S. oil futures shake off early loss to finish nearly flat

The EIA report provided significant support to oil markets.

Natural Gas, WTI Oil, Brent Oil – Oil Rebounds From Session Lows As Crude Inventories Decline

U.S. crude stocks drew more than expected on strong refining demand, while gasoline inventories posted a large draw after an increase in driving last week, the Energy Information Administration said on Thursday.

US crude, gasoline inventories fall more than expected - EIA

The crude oil markets have been somewhat stagnant during the trading session on Thursday, as it looks like the 50-Day EMA is going to cause resistance yet again.

Crude Oil Price Forecast – Crude Oil Market Stagnated at 50-Day EMA

Top oil exporter Saudi Arabia has raised the prices for most its crude oil to Asian customers in August for a second month, following its announcement of prolonging an extra output cut on top of a broader OPEC+ deal.

Saudi Arabia hikes August oil prices to Asia after supply cuts - sources

OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook later this month, predicting a slowdown from this year but still an above average increase, sources close to OPEC said.

Exclusive: OPEC upbeat over 2024 oil demand outlook despite slowdown

The bosses of global energy companies this week urged governments to shift the focus to limiting oil demand to reduce emissions, rather than pressuring producers to curb supply, which they say serves only to increase prices.

Tackle demand, not supply, to cut emissions, oil bosses say

Oil futures edged higher Thursday, finding support as investors weighed industry data that showed a drop in U.S. crude inventories ahead of an official reading.

Oil prices edge higher as traders eye inventories

Sluggish Chinese demand, caused by slow services activity expansion, overshadow Saudi supply curb, causing WTI crude oil prices to slip.

Oil Price Forecast: Sluggish Chinese Demand, Global Uncertainty Weigh

Oil prices moved little in early Asian trade on Thursday as the prospect of tighter supply with output cuts from Saudi Arabia and Russia and a bigger-than-expected drop in U.S. crude stocks were offset by worries over a sluggish demand recovery in China.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)