UCO240809P30000
- 0.03
- -0.60-95.24%
ProShares Ultra Bloomberg Crude Oil ETF Newsroom
USA refinery producers are slowing down production, exacerbating concerns about global crude oil oversupply.
Some top oil refiners in the USA are reducing their operation of refining facilities this quarter, which is exacerbating concerns about the global oversupply of crude oil products.
US Drilling Rigs Gain for Third Time in Four Weeks, Baker Hughes Says
Yangtze Securities: Is it still worth allocating PetroChina, Sinopec, and CNOOC in the face of 'Trump trade' or US recession?
Many environmental factors have changed, leading to potential differences in the crude oil industry in Trump's next term compared to the previous one.
Poor economy drags down the market and soaring risk aversion pressures oil prices to plummet.
This week (8.1-8.7), crude oil product overall showed a trend of falling first and then rising. The average price of WTI this week was $74.24 per barrel, a decrease of $2.54 per barrel or -3.31% from the previous week.
10-Q: Quarterly report
Oil Demand Strong and Selloff an Overreaction, Saudi Aramco CEO Says
Oil Futures Move Lower As Markets Appear Steady
Crude Oil Prices Trending Down – NAB Group
Oil Prices Fall on Demand Concerns as U.S. Data Points to Slowing Economy
WTI Falls to Near $73.00 Despite Rising Supply Risks Due to Middle East Tensions
Concerns about demand have become the main market tone. Brent crude oil fell to a six-month low at one point, while US oil fell more than 4% during trading hours.
Despite the significant escalation of geopolitical tensions in the Middle East this week, which once briefly pushed up crude oil prices, the concern about economic recession has become the main market sentiment, and investors are worried about the demand for crude oil. Oil prices fell sharply on Friday, falling for four consecutive weeks, marking the longest decline since December last year.
U.S. Drilling Rig Count Ticks Lower in Latest Baker Hughes Report
Oil Prices Are Typically Weaker From October to November During Election Years - BofA
Oil Rises on Middle East Tensions But Demand Concerns Linger
Poor prospects for supply and demand expectations led to a drop in oil prices to a two-month low.
Crude oil product showed a trend of first suppression and then rise overall this week (7.25-7.31).
Oil: Recent Price Action Is Associated With Global Macro Flows – TDS
Crude Inventory Fell 3.4M Barrels for Week Ended July 26 - EIA
Express News | U.S. Crude Futures Rise Nearly $1 to Intraday High of $75.71/bbl Following News of Hamas Chief's Death in Iran
Oil Rises After Industry Report Shows Another US Stockpile Draw
Biden Administration Continues Refilling Oil Emergency Reserve, Needs Funds to Buy More