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

Despite ongoing market concerns, WTI prices increased in April due to declining crude output and growing fuel demand.

Oil Price Forecast / Update:

So far, my prediction that Total U.S. oil production will set a new annual record in 2023 is on track to be correct.

The U.S. Oil Industry Is Trending Toward A Record-Breaking 2023

Oil futures climbed sharply on Friday, leading U.S. prices to turn higher for the month. “The oil market selloff got out of control,” said Edward Moya, senior market analyst at OANDA.

Oil prices climb sharply to turn higher for the month

WTI oil managed to settle back above the $76 level as traders bet on a rebound after the recent pullback.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Rally Ahead Of The Weekend

Crude oil markets have fallen during the trading week again, and have blown through the gap that so many people were watching in both grades.

Crude Oil Weekly Price Forecast – Crude Oil Continues to Fall

Crude markets continue to wait for the next move, is it a flush lower?

Crude Oil Price Forecast – Crude Continues to Look Weak

Oil futures were on track Friday to end April with a loss, with worries over the economic outlook and its implications for demand having sapped the rally that kicked off the month after Saudi Arabia and its OPEC+ allies announced a surprise round of production cuts.

Oil prices on track for April decline despite OPEC+ production cuts

Macroeconomic concerns have once more deflated oil prices near $80 barrels per day, despite a further voluntary cut coordinated by some OPEC+ members.

Wall Street predicted a big surge for oil this year. But prices are now lower

Oil futures finished higher on Thursday as traders weighed support from a second straight weekly decline in U.S. crude inventories against pressure from worries about the outlook for energy demand. The Energy Information Administration on Wednesday reported a weekly decline of 5.1 million barrels but “there's been little evidence thus far that the demand outlook is set to improve,” said Michael Hewson, chief market analyst at CMC Markets UK.

Oil prices finish higher as traders eye demand prospects

Crude oil markets have fallen again during the trading session on Thursday, as we continue to see a lot of negativity.

Crude Oil Price Forecast – Crude Oil Markets Continue to Look Threatened

Oil producer group OPEC on Thursday lashed out at the IEA, saying the energy agency should be "very careful" about undermining industry investments.

OPEC says IEA should be 'very careful' with repeated calls to stop investing in oil

Oil futures rose slightly early Thursday, steadying a day after erasing the rally scored earlier this month after OPEC+ announced an unexpected round of production cuts.

Oil steadies after erasing rally scored after OPEC+ rate cuts

WTI oil prices stabilize post OPEC cuts, EIA report; Russian DPM Alexander Novak calls market balanced; OPEC+ not considering more output cuts.

Oil Price Forecast: Stable after Russia Calls Oil Market Balanced

Oil futures fell on Wednesday, with front-month prices for the U.S. benchmark turning lower for the month. “Below $80 a barrel on the back of concerns over weaker demand, prices appear set on a course to retest the recent lows,” said Michael Hewson, chief market analyst at CMC Markets UK.

Oil prices end with a loss, turn lower for the month

Oil traders are worried that demand for oil will be weaker than previously expected.

Natural Gas, WTI Oil, Brent Oil – Oil Dives 3% Amid Recession Worries

Urals crude has risen close to the $60 cap, pressuring the West's ability to keep Russian oil on the market and still pinch Moscow's revenue.

Russian Oil Prices Surge, Put Sanctions to Test

Crude oil markets have fallen during the trading session on Wednesday, as it now looks like we are testing the gap.

Crude Oil Price Forecast – Crude Oil Markets Continue to Drive Lower

Brent oil managed to settle back above the $79.50 level.

WTI Oil Rebounds From Session Lows As Crude Inventories Decline

Oil futures ticked lower Wednesday as recession worries continued to shadow the market, though an industry trade group's report of a decline in U.S. crude inventories limited downside.

Oil edges lower as traders weigh recession fears versus U.S. inventory data

Highlights U.S. crude oil stocks fall by 6.1M bbls Gasoline inventories down 1.9M bbls, distillate inventories up 1.7M bbls Economic concerns outweigh

Oil Price Forecast / Update: API Reports Large Stockpile Draw Ahead of EIA Data

Oil futures ended more than 2% lower on Tuesday, with concerns over the outlook for energy demand in focus. Energy traders aren't buying this dip in prices “until they have clear signs that the sky has stopped falling,” said Edward Moya, senior market analyst at OANDA.

Oil prices settle with a loss of more than 2%

The recent changes in weather forecasts put pressure on natural gas markets.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Retreat Amid Recession Worries

Crude oil markets have fallen during the trading session on Tuesday, to test support. Ultimately, this is a market that I think continues to see a lot of noisy behavior, and therefore you have to be cautious.

Crude Oil Price Forecast – Crude Oil Markets Turned Back Around

Oil futures traded lower early Tuesday, slipping after back-to-back gains as investors weighed recession fears versus upbeat data on Chinese travel.

Oil prices lose ground after back-to-back gains

WTI oil investors weigh optimism about holiday travel demand against concerns over potential central bank interest rate hikes.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)