UCO240830C30500
- 0.25
- -0.51-67.11%
ProShares Ultra Bloomberg Crude Oil ETF Newsroom
Oil Prices Give Back Some Gains After Rally on Libyan Production Halts
Goldman Cuts Oil Outlook Below US$80 as Opec+ Risks Send Chill
The oil price decline shows no signs of stopping? The OPEC+ decision is crucial, with Goldman Sachs and Morgan Stanley both bearish until 2025.
Wall Street is concerned about the crude oil product outlook for next year, with Goldman Sachs and Morgan Stanley both lowering price forecasts due to the global increase in supply.
Crude Oil Pops More Than 3% as Halt of Libyan Barrels 'Cannot Be Easily Replaced'
Overnight US stocks | The three major indexes rise and fall differently, the Dow hits a new historical high, and the tense situation in the Middle East helps crude oil surge by more than 3%.
At the close, the Dow Jones Industrial Average rose 65.44 points, or 0.16%, to 41,240.52; the Nasdaq Composite fell 152.03 points, or 0.85%, to 17,725.77; the S&P 500 Index fell 17.77 points, or 0.32%, to 5,616.84.
Oil prices rise more than 3%! "Double Storm" in the Middle East situation upgraded + Libya suspends exports.
The eastern government of Libya announced today that it has halted all crude oil production and exports. Concerns about disruptions in crude oil supply have soared due to the large-scale attack on Israel announced by Hezbollah yesterday. Brent crude oil touched $81 at one point today, while WTI crude oil rose above $77.
Brent Crude Pops Past $80 as Mideast Fears Spike, Libyan Rival Government Stops All Output
Pepe Price Forecast: PEPE Poised for a 15% Slump as It Fails to Overcome Key Barrier
The bulls and bears are deadlocked, and oil prices are hovering in the range of 75-90 US dollars.
The trend of significant volatility in oil prices at the beginning of August has quickly reversed and is currently hovering in the range of $75-90.
This Sector Is Seen as Being the Most Impacted by the 2024 U.S. Election
Oil prices fall + production cuts, Saudi Arabia's June oil exports drop to a three-year low.
Due to falling oil prices and production cuts, Saudi Arabia's petroleum export revenue has fallen to its lowest level in three years.
Crude Oil Futures Settle at Lowest Since January; Gasoline Hits New 52-week Low
US Total Crude Oil Stocks Decline in Week Ended Aug. 16
Crude Inventory Fell 4.6M Barrels for Week Ended Aug 16 - EIA
Oil Bottoms Out After UK Navy Reports New Attacks in Red Sea
Oil: OPEC+ Set to Postpone the Expansion of Production – Commerzbank
BofA Predicts Crude Oil Surplus in 2025 on More Supply, Slower Demand Growth -- OPIS
Oil Price Recovery Stalls Amid New Demand Concerns, Commerzbank Says
What Do Softer Fundamentals Mean for the Oil Market?
US Drilling Rigs Decline for Second Time in Three Weeks, Baker Hughes Says