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UCO News and Press, ProShares Ultra Bloomberg Crude Oil From 06/25/24

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

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UCO - Crude oil prices slip ahead of expected report showing strong demand

2024-06-25 18:55:36 ET More on crude oil WTI Oil Prices And Canadian Capital Gains Taxes Oil Markets Tilt Bullish After The Summit: U.S. Energy, Global Energy - Drivers And Opportunities Read the full article on Seeking Alpha For further details see: ...

UCO - Bond Traders (Not The Fed) Control Interest Rates

2024-06-25 02:40:00 ET Summary The big news last week was that the Commerce Department reported that retail sales rose by only 0.1% in May, below the analysts’ consensus estimate of 0.3%. Like the G7 conference in Italy, the recent Ukrainian peace conference in Switzerland ...

UCO - Oil continues higher on fuel demand expectations, rising geopolitical risks

2024-06-24 19:20:37 ET More on energy sector stocks After The Summit: U.S. Energy, Global Energy - Drivers And Opportunities XLE: The Biggest S&P 500 Sector Shareholder Yield, A Compelling Value Case XLE: Market Misunderstanding Creates An Opening Read ...

UCO - WTI Oil Prices And Canadian Capital Gains Taxes

2024-06-24 16:10:00 ET Summary My expectation for West Texas Intermediate oil prices for July is unchanged from June. That is, WTI should range from $75 to $95 per barrel. Several Canadian oil and gas investors on X (formerly Twitter) attributed this fall in value to the upcoming ...

UCO - UCO: Taking Profit On Our Winning Tactical Trade

2024-06-24 10:39:41 ET Summary Our tactical trade on the ProShares Ultra Bloomberg Crude Oil ETF has once again surpassed our expectations, delivering an amplified 15.8% gain in less than three weeks. WTI crude prices are currently retesting the US$80.60/bbl level. Although we vie...

UCO - Goldman sees slower but still robust Permian Basin growth this decade

2024-06-21 18:55:07 ET Crude oil futures fell on Friday but ended the week higher, aided by indications of stronger U.S. demand and a rising perception of risk from a wider Middle East conflict that could endanger oil flows from the region. Exchanges of fire are rising between Israel ...

UCO - U.S. drilling rigs edge lower for seventh time in nine weeks

2024-06-21 14:10:27 ET More on crude oil The May Commodities Rally Comes To An Abrupt End Tensions In The Middle East Likely To Bode Well For Oil Bulls U.S. Oil Fund: Time To Take Profits Read the full article on Seeking Alpha For further details see:...

UCO - Oil Markets Tilt Bullish

2024-06-21 13:11:52 ET Summary Brent crude and WTI crude prices remain elevated, up about 13% and 14.5%, respectively, from last year. EIA forecasts a shortage of oil supply compared to demand, with a potential oversupply situation in 2025. OPEC+ nations plan to phase out prod...

UCO - Crude oil climbs to new seven-week highs after 'very bullish' U.S. inventory report

2024-06-20 19:15:19 ET More on energy sector stocks After The Summit: U.S. Energy, Global Energy - Drivers And Opportunities XLE: The Biggest S&P 500 Sector Shareholder Yield, A Compelling Value Case XLE: Market Misunderstanding Creates An Opening Read ...

UCO - Crude inventory decreased by 2.5M barrels for week ended June 14 - EIA

2024-06-20 11:05:32 ET More on Crude Oil IEA's 2030 Outlook - I Don't Even Know Where To Start February Non-OPEC And World Oil Production Rises Midday In The Permian: WTI Could Rally Soon Uncertain macro backdrop to weigh on commodity markets, ANZ says ...

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