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

23.83 +0.83 (+3.61%)
Streaming Delayed Price Updated: 11:09 AM EDT, Jun 2, 2023 Add to My Watchlist
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Headline News about Ultra Bloomberg Crude Oil 2X ETF

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The Commodities Feed: Sentiment Improves On More Optimism From China
Sentiment in commodities markets has mostly improved after China announced that it is further relaxing its Covid-19 measures, including moving from isolation facility quarantine to home quarantine. 
Via Talk Markets
Crude Oil Price Outlook: WTI Set for Worst Week Since March? Falling Wedge In Focus
WTI crude oil prices are shaping up for a disappointing week. Prices are down about 9.5 percent this week so far. 
Via Talk Markets
WTI Crude Oil Slumps To Fresh Yearly Low Amid Recessionary Fears
WTI continued its decline in European trade printing a new YTD low. Continued dollar strength and EIA data could result in further losses. 
Via Talk Markets
WTI Holds Losses Despite Another Huge Crude Draw
Oil prices tumbled further today as growing concern that US interest rates will stay higher for longer has also increased speculation that economic growth will slow and drag down energy demand. 
Via Talk Markets
“Administration Desperate...”
The current pace of U.S. crude production has remained flat for nearly 6 months with SPR releases. 
Via Talk Markets
OPEC+ Preview: Will OPEC+ Cut Production Again?
According to recent “sources”, OPEC+ is likely to leave production unchanged when it meets virtually on December 4th. 
Via Talk Markets
Oil Dips After OPEC+ Headlines
Next week's much-anticipated OPEC+ meeting in Vienna has now been moved to a virtual meeting. 
Via Talk Markets
This Is Why We Opened Our Crash Trades
The bond market is telling us that a recession is just around the corner. 
Via Talk Markets
Oil Be Home For Christmas
As a general rule, don’t trade on pre-holiday thin-liquidity sessions. 
Via Talk Markets
Weekly Gasoline Prices: Regular And Premium Drop Again
As of December 5, the price of Regular and Premium were down 14 and 15 cents each, respectively, from the previous week. 
Via Talk Markets
Russia Unveils Oil Price-Floor Plan To Counter G-7 Cap
Russia aims to offer a transparent pricing mechanism to buyers of its crude, adhering to a market-based approach to counteract the cap. 
Via Talk Markets
Inflation Is Not Oil’s Fault
That crude oil prices and inflation have a correlation is long known. The issue like many misperceptions In financial thinking is which comes first and is oil causal for inflation or vice versa. 
Via Talk Markets
More Trouble Ahead For Commodity Markets In 2023
While demand concerns appear to have taken the driver's seat as we approach year-end, current challenges show no signs of abating and continue to cloud our outlook for 2023. 
Via Talk Markets
Oil Tanker Day Rates To Be Supported By The EU’s Ban On Russian Crude
According to one shipping analyst at Jefferies, day rates to ship crude oil could potentially climb to between $150,000 and $200,000 a day. 
Via Talk Markets
How Profitable Is Solar – Really?
We all know that solar is a big deal. It is a big industry and it’s going to get bigger. Solar will see huge growth for the next 30+ years. It is close to inevitable. 
Via Talk Markets
What Will Upcoming OPEC+ Mean For Oil Prices?
The cartel meeting will take place on Sunday in a delicate context, marked by the fall in oil prices and the entry into force of new sanctions against Russia. 
Via Talk Markets
EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
The European Union reached a deal on Friday to cap Russian oil at $60 a barrel, paving the way for G7 nations to launch an 'unprecedented mechanism'. 
Via Talk Markets
Crude Oil Rises A Third Day From 76 Support As Risk Appetite Adds To Supply Data
Crude oil prices have extended their climb on the week to a third consecutive session, extending the rebound from a large technical level around 76.00. 
Via Talk Markets
These Two Traps Are The Key To Making Money On Wednesday
Markets are range-bound going into the last day of November, which means Breakout traps are likely where the easy money’s gonna be tomorrow. 
Via Talk Markets
WTI Extends Gains After API Reports Large Crude Draw
Flip-flopping headlines from OPEC+ leaks and China COVID restrictions prompted a volatile day in crude markets today but WTI ended higher. 
Via Talk Markets
Gold Price Forecast: Gold Bounce Continues, Crude Oil Tries To Set Support
Gold prices are working on their strongest month of performance since July of 2020, which was just before Gold set it’s all-time-high. 
Via Talk Markets
Weekly Gasoline Prices: Regular And Premium Down 10+ Cents
As of November 28, the price of Regular and Premium were down 11 and 12 cents each, respectively, from the previous week. 
Via Talk Markets
Crude Oil Lifted By Restriction Easing Hopes In China
Crude oil is up by about 1.5% and trades around $78 in the New York trading session as investors hoped that China would ease some of the Covid restrictions. 
Via Talk Markets
Oil Nearing Buy Of The Century
Oil continues its plunged towards its lowest levels of 2021, but this weakness could be getting close to lows. 
Via Talk Markets
President Biden Makes Oil Overtures To Venezuelan Dictator Nicolás Maduro
In an effort to get more global oil production and pressure Russia, President Biden will ease sanctions on Venezuela. 
Via Talk Markets
WTI Extends Losses Below $80.00 On Buoyant US Dollar, China’s Covid Woes
Western Texas Intermediate (WTI), the US crude oil benchmark, remains moderately negative due to low demand concerns surrounding the crude oil market. 
Via Talk Markets
Crude Oil Whipsaws Around Key Level As Fundamental Drivers Clash
Comments from the Saudi Energy Minister supporting supply cuts and increasing Chinese lockdowns results in choppy price action around a key long-term support level. 
Via Talk Markets
The Ridiculous Reality Of The Russian Oil Price Cap Debate In One Picture
Please consider snags in the oil price cap negotiations between the US and various countries in the EU. 
Via Talk Markets
As Predicted, Here It Comes, Something Big Is Going On Right Now
Markets and curves have been more and more strenuously pricing only bad/worsening scenarios, with the data coming behind and confirming the predictions. 
Via Talk Markets
Turkey Or Dove? What Were In The FOMC Minutes?
Market grind higher in holiday tape. This is a time to be cautious as SKEW and the VIX have started to rise. 
Via Talk Markets
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