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home / news releases / UCO - The Bull Case For Oil Is Fading


UCO - The Bull Case For Oil Is Fading

The bull case for oil (USO) is getting a bit too obvious. With geopolitical instability among many of the world’s leading oil producers making headlines across oil markets and the White House just announcing an end to Iranian oil wavers for huge consumers including both China and Japan as of May 2nd, it may all come down to how Saudi Arabia plans on capitalizing on the situation. The main question is, how much can a confluence of worst case political scenarios really affect global production, and can Saudi Arabia make up

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Stock Information

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

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