UCO ProShares Ultra Bloomberg Crude Oil ETF
- 30.930
- +0.580+1.91%
U.S. Drilling Rigs Fall for Fourth Time in Five Weeks, Baker Hughes Says
The “god of crude oil trading” abandons oil and switches to copper! I am convinced that the copper market is far from over
Anduran's fund has risen 83% this year, and earnings come from a wide range of commodities.
What signal? Will the major OPEC+ conference be reversed online, and production reduction measures will continue until the second half of the year?
Analysts believe that the policy implications of this decision are obvious, that is, the 2 million b/d production reduction measure will be extended until the second half of this year. After the announcement, the drop in oil prices widened.
The Fed's interest rate cut is expected to fall again, and international oil prices will rise first and then fall
This week (5.16-5.22), crude oil as a whole showed a trend of rising and then falling. WTI averaged 79.18 US dollars/barrel this week, up 0.53 US dollars/barrel, or 0.67% from the previous week.
Express News | CITIC Construction Investment: The gap between crude oil supply and demand may widen again in the future, and oil prices are expected to stop falling and rise again
Oil Prices Steady at Multi-month Lows, Set for Weekly Losses on Rate Fears
UBS Sees Brent Crude Climbing to $91/bbl Over Coming Months
Russia will also cut production on a compensatory basis! Citi: OPEC+ is unlikely to deepen production cuts
Russia's crude oil production in April exceeded the quota due to technical reasons. Citi believes that further OPEC+ production cuts are unlikely, and oil prices are expected to fall in the second half of the year.
Crude Oil Weighed by Hawkish Fed Outlook, Higher U.S. Inventories
Piper Sandler Highlights Key Technical Levels in the Dow, S&P, Nasdaq, Gold, and Oil
Crude Inventory Increased by 1.8M Barrels for Week Ended May 17 - EIA
Express News | The US Department of Energy announced that it will sell nearly 1 million barrels of gasoline reserves
Biden to Sell 1M Barrels of Gasoline to Cut Prices Ahead of Summer Driving Season
Oil Falls on Concerns of Higher-for-Longer U.S. Rates -- Market Talk
Oil prices decline as Fed officials remain cautious on the recent easing of inflation, prompting concerns that U.S. interest rates could stay higher for longer. Brent crude and WTI both trade 0.7% lower, at $83.12 a barrel and $78.75 a barrel, respectively.
The Iran plane crash didn't spoil the oil market? Industry warns OPEC+ inventory will calm fluctuations
① The unexpected “steadiness” of the oil market on Monday was very different from the performance of the precious metals market, which soared due to news of the Iranian President's helicopter crash; ② On the other hand, Saudi Crown Prince postponed his visit to Japan due to Saudi King Salman's physical factors, and both major oil producers faced significant political risks; ③ Some analysts pointed out that the influence of geopolitics on the oil market has become inelastic, which is related to OPEC+'s large inventories.
Another uncertainty in the oil market: the Saudi king is sick, and the crown prince cancels his trip to Japan
Will the Saudi king's health issues affect the coherence of the country's oil policy?
Biden Administration Seeks End to Federal Coal Leasing in Powder River Basin
U.S. Drilling Rigs Tick Higher for First Gain in Four Weeks, Baker Hughes Says
Is the commodity bull market ignited? The specter of inflation will probably not easily let go of the Federal Reserve
The commodity index hit a new high during the year, posing a serious threat to Federal Reserve Chairman Powell's efforts to fight inflation.
Hedge fund bulls left the oil market and sold at the fastest speed in over a year!
As geopolitical risk premiums weakened and the market showed signs of sufficient supply, fund managers' long crude oil positions fell the fastest since March 2023 last week.