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

The Organization of the Petroleum Exporting Countries on Tuesday left its forecast for growth in global oil demand unchanged for 2023 at 2.3 milion barrels a day, or mb/d. In its monthly report, OPEC made small downward adjustments to forecast demand from countries in the Organization for Economic Cooperation and Development, a group made up of rich countries, which were offset by minor upward adjustments due to “better-than-expected performance” in China's economy.

OPEC leaves outlook for global oil-demand growth unchanged

WTI crude oil rebounds as cautious investors seize bargains amid selling pressure before US consumer inflation report and Fed rate decision.

Oil Price Forecast: Technical Rebound Ahead of US CPI Data, Fed Rate Decision

Oil prices inched higher on Tuesday on bargain hunting, recovering some ground from the previous day's plunge, but gains were limited as investors remained cautious ahead of key policy decisions by the U.S. Federal Reserve and other central banks.

Oil prices inch higher on bargain hunting ahead of Fed rate decision

Goldman Sachs reduced its December forecast for WTI oil from $89 to $81.

Natural Gas, WTI Oil, Brent Oil – Oil Dives 4.8% As Goldman Sachs Cuts Price Forecasts

Oil futures declined on Monday, with U.S. benchmark crude posting its lowest settlement since mid-March. “Disappointing economic numbers out of China continue to be a concern given the country's outsized influence in expected crude demand growth this year,” said Robbie Fraser, manager, global research & analytics at Schneider Electric.

U.S. oil futures post lowest settlement since mid-March

Goldman Sachs reduced its December forecast for global benchmark crude prices by almost 10% this week, partly attributing the move to higher-than-expected supplies from Iran and Russia.

Goldman Sachs cuts its December Brent oil-price forecast by nearly 10%

U.S. oil output from top shale-producing regions is due to rise to the highest on record in July but the size of that increase is expected to be the lowest rise since December, U.S. Energy Information Administration data showed on Monday.

US oil output to rise to record high in July but growth narrowing - EIA

Goldman Sachs lowered its 2023 outlook for crude prices by almost 10% citing a number of factors, even after Saudi Arabia's surprise production cut took the global markets off guard.

Goldman Sachs slashes oil price forecast

Oil markets are moving towards yearly lows as China's economic rebound misses analyst expectations.

Oil Markets At The Crossroads As China Underperforms

The crude oil markets have been hammered to kick off the week, as it looks like we are yet again seeing selling pressure.

Crude Oil Price Forecast – Crude Oil Markets Get Hammered

Goldman Sachs has slashed its forecast for oil prices by nearly 10%, citing weak demand in China and a glut of supply from sanctioned countries, including Russia.

Goldman Sachs cuts oil price forecast by almost 10%

Oil futures fell Monday, losing ground ahead of a two-day Federal Reserve policy meeting after logging a second straight losing week.

U.S. oil price slides back below $70 a barrel ahead of this week's Fed decision

China's Unipec, the trading arm of top Asian refiner Sinopec , has emerged as a major seller of August-loading Oman crude this month, a move that has helped to cap benchmark prices despite Saudi Arabia's plans to cut output next month.

China's Unipec boosts Oman crude sales, caps oil prices despite Saudi cuts

Russia's oil production has remained resilient even in the face of Western sanctions.

Goldman Sachs slashes oil price forecast by nearly 10% as Russian supply recovers

Oil prices face downward pressure as investors await Federal Reserve meeting and worry about China's demand growth and rising Russian supply.

Oil Price Forecast: Fed Meeting, China Demand, Russian Supply Worries Weigh

Oil prices edged lower on Monday ahead of a Federal Reserve meeting as investors try to gauge the central bank's appetite for further rate hikes, while concerns about China's fuel demand growth and rising Russian crude supply weighed on the market.

Oil edges lower ahead of Fed meeting

From its' January 14 peak, the Enverus Daily Count of active North American drilling rigs has now fallen by 20%.

U.S. Shale Is Slowing Down Due To Factors Beyond Its Control

Oil futures declined on Friday to tally a loss of more than 2% for the week. Prices had started the week moving higher after Saudi Arabia said it would cut output by an additional 1 million barrels per day in July.

U.S. oil futures fall for the session, lose more than 2% for the week

The rebound of the Chinese economy missed expectations, and traders are worried that demand for oil will remain under pressure in the upcoming months.

Natural Gas, WTI Oil, Brent Oil – Oil Moves Lower Amid Recession Worries

Crude oil markets have fallen a bit during the trading week, as we continue to see a lot of noisy behavior in general.

Crude Oil Weekly Price Forecast – Crude Oil Markets Have Volatile Week

Crude oil markets have gone back and forth during the trading session on Friday as we are trying to figure out where to go next. Ultimately, this is a market of hesitation.

Crude Oil Price Forecast – Crude Oil Markets Relatively Quiet Heading Into the Weekend

Oil futures rose slightly early Friday, leaving crude on track for a mixed weekly performance as traders weigh an additional production cut by Saudi Arabia against uncertainty over the outlook for demand.

Oil futures edge higher, set for mixed weekly performance

Saudi Arabia kept under wraps its plan to make a deep cut to its own oil output during a weekend of OPEC+ talks in Vienna, several OPEC+ sources told Reuters, with some member states only learning about the reduction from the final news conference.

Analysis: Inside OPEC+, Saudi 'lollipop' oil cut was a surprise too

WTI oil prices slid due to demand concerns, US-Iran uncertainty, rising fuel stocks, weak exports, and mixed central bank signals.

Oil Price Forecast: Lower on Demand Concerns, US-Iran Nuclear Deal Uncertainty

Oil prices fell in early Asia trade on Friday as demand concerns outweighed the prospect of tighter supply from global producers while investors remained sceptical that the United States and Iran could strike a nuclear deal.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)