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home / news releases / UCO - Crude oil futures zip higher then sink lower after Fed bazooka


UCO - Crude oil futures zip higher then sink lower after Fed bazooka

  • Brent crude oil popped nearly 6% after the Fed slashed its Fed Funds rate to 0.0%-0.25% and launched a new $700B QE program, but the gain quickly evaporated, with futures now -5.3% to $32.06/bbl; WTI -4.8% to $30.19/bbl.
  • More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Crude Oil Total Return Index ETN, Energy stocks news, Commodities news, News on ETFs,
  • Read more ...
Stock Information

Company Name: ProShares Ultra Bloomberg Crude Oil
Stock Symbol: UCO
Market: NYSE

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