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UCO News and Press, ProShares Ultra Bloomberg Crude Oil From 06/12/24

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

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UCO - February Non-OPEC And World Oil Production Rises

2024-06-12 12:40:00 ET Summary World oil production increased by 553 kb/d in February to 82,219 kb/d. February’s Big 3 oil production increased by 753 kb/d to 32,600 kb/d. February Non-OPEC oil production increased by 276 kb/d to 53,345 kb/d. A guest post by...

UCO - Crude inventory increased by 3.7M barrels for week ended June 7 - EIA

2024-06-12 10:33:23 ET More on Crude Oil Midday In The Permian: WTI Could Rally Soon The Macro Brief: Market Insights And Economic Outlook For May 2024 Small Increase For U.S. March Oil Production Global oil markets set for major surplus this decade, IEA says...

UCO - Morgan Stanley sees crude boost this summer but supply surpluses into 2025

2024-06-11 18:35:16 ET More on crude oil The May Commodities Rally Comes To An Abrupt End The Macro Brief: Market Insights And Economic Outlook For May 2024 Small Increase For U.S. March Oil Production Read the full article on Seeking Alpha For furthe...

UCO - Oil futures jump by most since February; U.S. gas pump prices keep dropping

2024-06-10 19:15:49 ET More on crude oil The May Commodities Rally Comes To An Abrupt End The Macro Brief: Market Insights And Economic Outlook For May 2024 Small Increase For U.S. March Oil Production Read the full article on Seeking Alpha For furthe...

UCO - The May Commodities Rally Comes To An Abrupt End

2024-06-08 10:00:00 ET Summary Oil is down, and so is copper after hitting record highs in May. Natural gas prices, however, continue to be supported by supply concerns. LME copper stocks have grown more than 15% since mid-May, while the cash 3-month spread is in deep contango...

UCO - OPEC+ plan turns hedge fund crude oil bullish bets to 10-year lows

2024-06-07 19:45:29 ET More on crude oil and 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 ...

UCO - U.S. oil and gas rig count dips to lowest since January 2022, Baker Hughes says

2024-06-07 14:00:14 ET More on crude oil Tensions In The Middle East Likely To Bode Well For Oil Bulls U.S. Oil Fund: Time To Take Profits USO: Oil At A Six-Month High And Trending Higher Read the full article on Seeking Alpha For further details see:...

UCO - Energy Stocks, Surprising Leaders

2024-06-07 10:42:00 ET Summary While many of last year’s themes continue to dominant markets, there is one thing that is different: the energy sector. Year-to-date, the U.S. energy sector has posted a 10% gain, roughly in-line with the broader market. I believe there ar...

UCO - Oil prices post back-to-back gains as OPEC+ ministers defend new deal

2024-06-06 18:50:07 ET Crude oil futures rose for a second straight session Thursday, adding to their rebound from the selloff early this week that followed OPEC's decision to start tapering production cuts after September. The European Central Bank announced its first interest rate c...

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...

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