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

U.S. benchmark crude-oil prices on Thursday marked their highest settlement in two weeks. “Optimism surrounding China's economic recovery are offsetting more hot inflation data in Europe and the U.S.,” which sparked further hawkish money flows in morning trade, said Tyler Richey, co-editor at Sevens Report Research.

U.S. oil futures settle at a 2-week high

Oil markets stay strong as traders focus on the rebound of the Chinese economy.

Natural Gas, WTI Oil, Brent Oil – Natural Gas Falls After EIA Report, Oil Rises On Chinese Demand

Crude oil markets have gone almost nowhere during the trading session on Thursday as we continue to hang around in the same consolidation rectangle.

Crude Oil Market Price Forecast – Crude Oil Markets Continue to Kill Time

Oil futures gained ground early Thursday, with support tied to signs of improving demand in the U.S. and improving economic data out of China.

Oil prices rise, buoyed by demand optimism

The ProShares Ultra Bloomberg Crude Oil ETF is a leveraged investment vehicle that aims to replicate twice the daily performance of WTI. Due to the erratic nature of crude oil prices, UCO is subject to volatility drag, which means that its leveraged returns will likely decay and lead to losses.

ProShares Ultra Bloomberg Crude Oil ETF: Bearish Near The Top

The recent performance of the ProShares Ultra Bloomberg Crude Oil ETF has underperformed our initial expectations, delivering a smaller-than-expected gain of 10.4% since we initiated coverage of UCO with a "Buy" rating. We see increasing risks of a technical pullback in the near term. Unless we see a decisive break above US$82/bbl, WTI crude may drift within the range of US$70-$80/bbl.

UCO: Taking Profit On WTI Crude, To Re-Enter On Dips

Once the bullish China news plays out, traders will be looking for another catalyst. That catalyst is likely to be the U.S. Dollar.

Oil Price Fundamental Daily Forecast – Traders Eyeing Weaker US Dollar as Next Bullish Catalyst

Oil prices inched up in early Asian trade on Thursday, extending gains from the previous two sessions on signs of a strong economic rebound in China, the world's top oil importer, which offset worries about a rise in U.S. crude inventories.

Oil holds gains on China rebound, even as U.S. crude stocks rise

U.S. benchmark crude-oil prices on Wednesday settled at their highest in almost two weeks, after the Energy Information Administration reported a 1.2 million-barrel weekly rise in U.S. crude inventories. That marked a 10th straight weekly rise, but the smallest weekly increase in five weeks Oil prices seesawed between losses and gains during the session.

U.S. oil futures mark highest finish in nearly 2 weeks

Natural gas markets pull back amid profit-taking.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Remain Volatile After EIA Report

Crude oil markets have rallied initially during the trading session on Wednesday but have shown signs of hesitation as we gave up those gains.

Crude Oil Price Forecast – Crude Oil Markets Continue to Churn Back and Forth

Oil futures slipped to begin March, after an industry group reported another large jump in U.S. crude inventories, outweighing a round of upbeat data on economic activity in China.

Oil prices fall as inventory worries outweigh upbeat China data

China's manufacturing activity expanded at the fastest pace in more than a decade in February, an official index showed, smashing expectations

Oil Price Fundamental Daily Forecast – Prices Jump Following China's Stunning Factory Activity Growth

Oil prices rose for a second day on Wednesday as reports of expanding manufacturing activity in China, the world's biggest crude importer, boosted the outlook for global fuel demand.

Oil prices rise as China factory gains boost demand outlook

“China's economic recovery will drive its demand for commodities higher, with oil positioned to benefit the most.” -JPMorgan analysts

Crude Oil Price Update – Strong Rebound on China Growth Hopes

U.S. benchmark crude-oil prices climbed on Tuesday, but marked a fourth monthly loss in a row. “Oil prices have fallen for the month due to an extremely warm winter in the U.S. and Europe,” said Jay Hatfield, chief executive officer at Infrastructure Capital Management.

Oil futures rally for the session, fall for the month

Natural gas declined as traders took some profits off the table after the recent rally.

Natural Gas, WTI Oil, Brent Oil – Oil Gains 2% On China Demand Hopes

Crude oil markets have rallied slightly during the trading session on Tuesday, as we continue to bounce around in the same consolidation region.

Crude Oil Price Forecast – Crude Oil Markets Reached the Middle of Consolidation

Oil futures gained ground on Tuesday, underpinned by optimism over China demand, but remained on track to book losses for February.

Oil ticks higher, but on track for February fall

Higher oil prices would give oil companies more cash flow to pay dividends.

Here's Why Oil Prices Could Hit $100 a Barrel By Summer

Crude oil prices are set to fall for a fourth month despite a potential China reopening boom, though some analysts see a recovery once Russia cuts output.

Oil prices head for a 4th monthly loss in a row, as traders keep worrying about the Fed's war on inflation

Goldman Sachs Physical Gold ETF

Invesco DB Gold Fund

DB Gold Double Long ETN

SPDR Gold Trust

SPDR Gold MiniShares Trust

iShares Gold Trust

iShares Gold Strategy ETF

VanEck Merk Gold Trust

ProShares Ultra Gold

Driving crude oil prices higher are hopes of a strong rebound in demand from China as it continues to recover from its strict COVID-19 restrictions.

Oil Price Fundamental Daily Forecast – Higher as Optimism Builds for China Demand Recovery

West Texas Intermediate is down more than 3% over the past month.

Oil on Pace for February Decline After Fears of Higher Fed Rates

Oil prices steadied in early Asian trade on Tuesday after falling on strong U.S. manufacturing data that raised worries about further interest rate hikes dampening demand, while analysts predicted another build in American crude inventories.

Oil steadies after fall on fear of rate hikes, rising inventories

Oil prices declined Monday after posting back-to-back session gains. “Stubborn inflation data has returned the fears of a hawkish [Federal Reserve], further complicating oil trade which is already under pressure from excess inventory,” said Manish Raj, managing director at Velandera Energy Partners.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)