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UCO / Oil prices edge higher as IEA's Birol talks up China demand outlook
UCO News
By Seeking Alpha
September 5, 2023
UCO: After A Slow Start, Oil Has Plenty Of Bullish Momentum Now
UCO is a double-long instrument that aims to return two times the daily performance of the Bloomberg Commodity Balanced WTI Crude Oil Index. ProShares more_horizontal
By Seeking Alpha
August 18, 2023
UCO: We Are Taking Profits, Neutral Crude For Now (Rating Downgrade)
The recent performance of the ProShares Ultra Bloomberg Crude Oil ETF has surpassed our expectations, delivering a 29% gain since we re-established ou more_horizontal
By Seeking Alpha
August 7, 2023
Is It Time To Load Up On UCO?
Crude oil prices have turned higher and could potentially reach triple digits, with a technical breakout indicating higher prices. The US Strategic Pe more_horizontal
By Seeking Alpha
June 26, 2023
UCO: Re-Establishing Our Bullish View On Crude
China's economic outlook is driving down crude oil prices, but tight inventories and potential OPEC production cuts could lead to a rebound in prices. more_horizontal
By FXEmpire
May 21, 2023
Oil Price Forecast: Weakening Amid Debt Ceiling Concerns, Fuel Demand Threatened
WTI Highlights Oil prices decline due to U.S. debt ceiling concerns Weekly gains provide temporary respite for Brent and WTI crude prices Chinese dema more_horizontal
By FXEmpire
May 17, 2023
Oil Price Forecast: Concerns Persist as API Stockpiles Surge Unexpectedly
Oil prices face pressure from rising US crude stockpiles, weak economic data, and persistent demand concerns. more_horizontal
By Market Watch
May 1, 2023
Oil under renewed pressure ahead of this week's Fed meeting
Oil futures fell Monday, kicking off May on a weak note after the U.S. benchmark eked out an April gain to snap a string of five straight monthly decl more_horizontal
By FXEmpire
April 17, 2023
Crude Oil Price Forecast – Crude Oil Markets Struggle With Resistance
Crude oil markets have pulled back a bit during the trading session on Monday to kick off the week on the back foot. more_horizontal