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UCO News and Press, ProShares Ultra Bloomberg Crude Oil From 06/06/24

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

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UCO - Small Increase For U.S. March Oil Production

2024-06-06 08:40:00 ET Summary U.S. March oil production rose by 77 kb/d to 13,182 kb/d. Texas production increased by 36 kb/d in March to 5,584 kb/d. In the Permian, the monthly completion and drilling rates have been both stabilizing in the 440 to 450 range over the last six...

UCO - Crude oil bounces as Fed rate cut hopes outrank demand worries

2024-06-05 18:45:44 ET More on crude oil Wall Street Lunch: Bearish Crude? Short-Term Energy Outlook, May 2024 The Quandary In The Markets And Navigating Concerns Of Stagflation Read the full article on Seeking Alpha For further details see: Crude...

UCO - UCO: Crude Sell-Off Overdone, Watch For That Rebound (Rating Upgrade)

2024-06-05 17:45:43 ET Summary Following the sharp sell-off over the past two trading sessions, we now see an imminent technical rebound in WTI crude that should present an attractive trading opportunity. Taking advantage of UCO's 2X leveraged exposure to WTI crude, we have previo...

UCO - Crude inventory increased by 1.2M barrels for week ended May 31 - EIA

2024-06-05 10:34:15 ET More on Crude Oil Wall Street Lunch: Bearish Crude? Short-Term Energy Outlook, May 2024 The Quandary In The Markets And Navigating Concerns Of Stagflation Commodity Roundup: UBS sees near-term oil market volatility after sell-off ...

UCO - Goehring & Rozencwajg Q1 2024 Natural Resource Market Commentary

2024-06-05 07:45:00 ET Summary Goehring & Rozencwajg Associates, LLC provides financial planning and investment advisory services. The Company offers natural market capitalization resources mutual fund investments for growth in business as well as provides consulting services. ...

UCO - Why are oil prices falling after supply cuts from OPEC+?

2024-06-05 06:17:17 ET There was a big announcement from OPEC+ earlier this week that has been rattling through energy sector over the past several days. The group detailed a series of production cuts and extensions , giving participants a clearer tapering schedule through the end ...

UCO - OPEC's planned oil output boost could lift Biden's re-election hopes, analysts say

2024-06-04 18:50:13 ET More on crude oil Wall Street Lunch: Bearish Crude? Short-Term Energy Outlook, May 2024 The Quandary In The Markets And Navigating Concerns Of Stagflation Read the full article on Seeking Alpha For further details see: OPEC'...

UCO - Oil prices hit four-month lows; U.S. buys another 3M barrels for strategic reserve

2024-06-03 20:00:13 ET More on crude oil Short-Term Energy Outlook, May 2024 The Quandary In The Markets And Navigating Concerns Of Stagflation Global Oil Market: We Are Potentially Weeks Away From Moment Of Truth Read the full article on Seeking Alpha ...

UCO - OPEC+ Extends Cuts

2024-06-03 15:10:00 ET Summary OPEC+ members met over the weekend to discuss production policy for the remainder of this year and 2025. ICE Brent is down more than 10% from its April highs, despite OPEC+ withholding a significant amount of oil from the market. In theory, the u...

UCO - Energy stocks sink as OPEC+ plans to begin phasing out voluntary cuts this year

2024-06-03 12:20:38 ET More on energy stocks LNG Exports And Natural Gas Dynamics XLE: Double Digit Dividend Growth Should Be Sustainable Transitioning: Mining, Minerals And Sustainable Developments Read the full article on Seeking Alpha For further d...

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