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 climbed on Tuesday to post a second straight session gain. Prices have bounced back sharply off their recent lows as “risk sentiment improved following the coordinated actions of major central banks at the weekend and UBS's takeover of Credit Suisse, said Fawad Razaqzada, market analyst at City Index and FOREX.com.

Oil futures finish higher for a second session

Goldman Sachs (NYSE:GS) has slashed its crude oil price forecasts for 2023 and 2024, citing the recent decline in oil prices as banking and recession fears have seen investor flows dry up. The investment bank now expects oil to average $94 a barrel in the next 12 months and $97 in the second half of 2024, down from its previous forecast of $100.

Goldman Sachs slashes crude oil price forecast

Natural gas found some support near the $2.15 level.

Natural Gas, WTI Oil, Brent Oil – Oil Gains Ground As Russia Extends Production Cuts

Oil futures rose Tuesday, extending a bounce off 15-month lows as worries over the U.S. banking sector continued to ease.

Oil extends bounce off 15-month low

Stress in the financial sector is complicating Wall Street's outlook for crude.

Bank Fears Rattle Oil Markets Poised for Chinese Boom

U.S. crude oil prices slip after Monday's reversal bottom, as concerns over global banking sector's impact on fuel demand linger.

U.S. Crude Oil Prices Slip After Monday's Reversal Bottom

Oil prices stabilised on Tuesday after falling early in the previous session on investor worries that recent banking-sector problems would weigh on the global economy and limit demand for crude.

Oil prices stabilize as banking deal eases some worries about crude appetite

Goldman said slower economic growth could materialize in the aftermath of the Silicon Valley Bank collapse because of tighter lending standards.

Goldman Sachs slashes its oil price target as banking fiasco boosts recession fears

Oil prices gave up early Monday losses to finish higher, recouping part of last week's sharp losses. U.S. oil prices had broken down out of the 2023 trading range to reach multi-year lows last week, with “contagion fears stemming from the first bank failures since the Great Financial Crisis triggered massive volatility and significant risk-off money flows early last weke, said Tyler Richey, co-editor at Sevens Report Research.

Oil futures shake off early declines to finish higher

Oil markets moved away from recent lows as financial crisis fears eased.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Rebound From Yearly Lows

Oil futures remained under pressure Monday, failing to find support after logging their biggest weekly drop of 2023 as banking jitters stoked recession fears.

Oil prices resume fall after biggest weekly drop of 2023

Oil prices logged losses, amid jitters in the banking sector.

Brent oil prices slip under $72 per barrel amid banking turmoil

Oil prices rose on Monday after suffering their biggest weekly loss in months as UBS struck a deal to buy Credit Suisse and some of the world's largest central banks sought to reassure and stabilise global financial markets.

Oil edges up on historic Swiss banks deal, central banks support

Credit Suisse

UBS Group AG

Global markets stabilized on Monday leading to a relief rally in risk assets including crude oil prices.

Crude Oil Prices Rise as UBS Acquistion of Credit Suisse Boosts Market Confidence

Traders remain worried about the potential impact of Credit Suisse's problems on the European economy.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Remain Under Pressure

Crude oil markets have fallen rather hard during the course of the week, as we continue to see a lot of concerns about the global growth situation.

Crude Oil Weekly Price Forecast – Crude Oil Markets Have Massive Plunge for the Week

Crude oil markets sold off again during the trading session on Friday, as we continue to see a lot of concerns about the global economy.

Crude Oil Price Forecast – Crude Oil Markets Continue to Sell Off

Crude oil prices recover some ground after support measures from the European Central Bank and US lenders.

Crude Oil Prices Steady as Saudi-Russia Meeting Calms Market, Banking Crisis Stabilizes

Oil futures rose Friday, but remain on track for the biggest weekly drop of 2023 as worries over the U.S. and European banking sector stoke recession fears.

Recession fears put oil on track for worst week of 2023

Oil prices firmed on Friday after a meeting between Saudi Arabia and Russia calmed markets amid strong China demand expectations, but were headed for their biggest weekly falls since December as a banking crisis rocked global financial and oil markets.

Oil rises on demand hopes as banking crisis fears subside

Crude oil prices bounced back on Thursday, after reports that Saudi Arabia and Russia had a meeting to discuss ways of enhancing market stability.

Crude Oil Prices Rebound by 1% after Saudi Arabia and Russia Discuss Market Stability

Brent crude oil prices rebounded Thursday, currently trading up more than 1% to US$72.56, following a Wall Street Journal report that big banks including JPMorgan Chase and Morgan Stanley were in talks for a possible capital injection into First Republic Bank. US regional bank liquidity issues, related to the collapse of both Silicon Valley Bank and Signature Bank, have contributed to the 11% downward spiral in Bent crude prices in the past month.

Recent oil price slide could be good news for investors, analyst says

Oil producers, banks and hedge funds have increased purchases of put options to protect themselves from further losses, market sources said this week, as crude futures hit their lowest level since December 2021 on concern that the rout in the banking industry could trigger a global recession and cut fuel demand.

Banking rout fuels U.S. oil hedging, as investors seek to limit losses

According to recent reports, Russia and Saudi Arabia discussed the recent volatility in the oil markets.

Natural Gas, WTI Oil, Brent Oil – Oil Moves Away From Session Lows

US crude inventories grew more than expected last week, suggesting the Fed's tighter monetary policy is weighing on the demand outlook.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)