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Ultra Bloomberg Crude Oil 2X ETF (NY: UCO )

25.69 +0.72 (+2.88%)
Official Closing Price Updated: 8:00 PM EDT, Mar 30, 2023 Add to My Watchlist
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Headline News about Ultra Bloomberg Crude Oil 2X ETF

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U.S. Fed: "No Pause" To Refresh
US Fed Chairman Jerome Powell emphasized several times during his press conference that the Fed is not pausing their rate hikes, as they're focused on raising rates until inflation comes back down to... 
Via Talk Markets
Oil Price Holds Above 50-Day SMA To Eye October High
The price of oil climbs to a fresh weekly high following an unexpected decline in U.S. inventories. 
Via Talk Markets
FOMC Preview: Inflation Battle Requires Fed To Dig In Deeper
As painful inflation continues to pressure consumers and corporations, investors have become increasingly optimistic that this afternoon’s Federal Reserve meeting will show a central bank softening its... 
Via Talk Markets
These FOMC Traps Could Be The Key To Profits On Wednesday
Markets are coiled-up in ranges ahead of tomorrow’s FOMC announcement, which means breakouts, and failed breakouts are where the money will be made. 
Via Talk Markets
Weekly Gasoline Price Update - Tuesday, Nov. 1
As of October 31, the price of Regular and Premium were down 3 and 4 cents, respectively, from the previous week. 
Via Talk Markets
A Crippling Shortage Of Diesel Fuel Threatens To Devastate Western Economies In 2023
In my entire lifetime, global supplies of diesel fuel have never been tighter than they are right now. And that is really bad news, because the entire economy of the western world runs on diesel. 
Via Talk Markets
OPEC Spurns Biden’s Advances
Oil prices have been rising since the pandemic-related production disruption in 2020. That price rise accelerated when Russia invaded Ukraine. 
Via Talk Markets
Turning Bullish On Energy
Via Talk Markets
Weekly Forex Forecast –Gold, BTC/USD, EUR/USD, GBP/USD, S&P 500, Oil, DAX, USD/CAD
I still believe that signs of exhaustion will be sold into, although if you are trying to take advantage of the US dollar strength against major currencies. 
Via Talk Markets
Lessons From The Russian Gas Debacle
There are an increasing number of reports that Russia’s attempt to use gas exports as a geopolitical weapon have backfired. 
Via Talk Markets
Fuel shortages and rising food prices push up French inflation in October
Inflation rose in France in October to 6.2% from 5.6% in September, due to fuel shortages pushing up energy inflation, but also as a result of a very sharp rise in food prices. 
Via Talk Markets
Oil, US Dollar, & $SPY & Federal Reserve
Via Talk Markets
Understanding Inflation Using Gasoline Prices
Seems that gas, fuel, and gasoline is being used as a marker to understand just how horrible we have it as a result of the current inflation. 
Via Talk Markets
China Goes On Crude Buying Spree After OPEC+ Cuts
China, the world's largest oil importer, has just increased demand for crude for the remainder of the year. 
Via Talk Markets
Oil Price Breaks Out of Bull Flag Formation to Eye Monthly High
The price of oil trades back above the 50-Day SMA ($86.68) after defending the monthly low. 
Via Talk Markets
Weekly Gasoline Price Update - Tuesday, Oct. 25
As of October 24, the price of Regular and Premium were down 10 and 11 cents, respectively, from the previous week. 
Via Talk Markets
US Gasoline Prices Go Haywire As Stockpiles Crater... But Here Comes China To The Rescue
Amid the ongoing scramble for refineries, it is now gasoline that is also seeing abnormal (read deeply concerning) price moves as there is just not enough processing capacity to convert all that oil... 
Via Talk Markets
Key Market Insights October 25
Markets were up in the United States on Friday, helping propel stocks to their best weekly performance since June. 
Via Talk Markets
There Is Only 25 Days Of Diesel Supply, The Lowest Since 2008
Diesel inventories are “unacceptably low” and “all options are on the table” to build supplies and reduce retail prices says the economic council director. 
Via Talk Markets
Crude Oil Update: WTI Rises on Surprising Inventory Drawdown Ahead of OPEC Cuts
WTI prices continue yesterday’s rise on the back of surprising inventory drawdowns (EIA). Oil prices and inflation are considered by the electorate ahead of the US midterm elections. 
Via Talk Markets
The Commodities Feed: Biden Confirms SPR Release
As widely expected, the US administration yesterday announced a further release from the Strategic Petroleum Reserve (SPR). 
Via Talk Markets
Biden's SPR Release Will Have Minimal Effect On Oil Prices
The problem is not the production or supply of oil. America's refineries cannot handle more crude, which sharply limits the impact that any SPR release will have on energy prices. 
Via Talk Markets
The Commodities Feed: Further US SPR Releases
The US administration is set to announce further releases from the Strategic Petroleum Reserve today, although this volume is part of the larger 180MMbbls announced earlier in the year. 
Via Talk Markets
Gold Stocks Key Buy Zones For Action
From the current price, gold is either going down to the $1570 buy zone of mining stock champions or above $1730, which also is a fabulous buy zone. 
Via Talk Markets
Weekly Gasoline Price Update - Tuesday, Oct. 18
As of October 17, the price of Regular and Premium were down 4 and 6 cents, respectively, from the previous week. 
Via Talk Markets
Crude Oil Pressured By Weaker Economic Outlook With Tight Supplies
The price trades around $85 per barrel as investors are concerned about the weaker economic outlook. 
Via Talk Markets
Crude Oil Price Forecast: Bull Flag Formation Takes Shape
The price of oil halts a three-day selloff despite a larger-than-expected rise in US inventories. 
Via Talk Markets
Crude Oil Edges Higher But Remains Pressured By Demand Weakness
Brent Crude steadied after recent falls but worries over end-user demand seem to be outweighing the supportive effects of production cuts. 
Via Talk Markets
This CPI Bull Trap Could Be Easy 15x Tomorrow
Markets are range-bound for tomorrow’s big CPI/Inflation report, which means everyone’s looking for a breakout. 
Via Talk Markets
WTI Holds Losses After Big Crude, Gasoline Build
Oil prices fell for the 3rd straight day after OPEC/EIA cut their global demand growth forecasts amid recession fears. 
Via Talk Markets
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