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Ultra Bloomberg Crude Oil 2X ETF
(NY:
UCO
)
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+0.50 (+1.88%)
Official Closing Price
Updated: 8:00 PM EST, Nov 22, 2024
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The Commodities Feed: Oil Demand Risks Linger
December 07, 2023
Weak Chinese oil import data has added fresh concerns for the oil market. The EIA report also failed to provide support as a significant rise in the refined product inventories clouded the expectations...
Via
Talk Markets
Financial Markets Report For Wednesday, December 6
December 06, 2023
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, December 6.
Via
Talk Markets
WTI Plunges Below $70.00 In Upbeat U.S. Inventory Report, China’s Economy Concerns
December 06, 2023
WTI slides more than 3% after a rise in US gasoline stockpiles.
Via
Talk Markets
Topics
Economy
Energy
Exposures
Economy
Fossil Fuels
America's Energy Boom: U.S. Crude Exports Soar To Record High
December 06, 2023
Not only is America producing more crude, it is exporting a larger share of the crude it produces, further boosting volumes aboard tankers bound for Europe and Asia.
Via
Talk Markets
OPEC+ Skepticism Causes Trading Crude Oil Slide
December 06, 2023
Despite OPEC+ agreeing to voluntary output cuts totaling 2.2 million barrels per day for Q1 2024, doubts persist about the full implementation of these measures.
Via
Talk Markets
Exposures
Fossil Fuels
Oil Drops: OPEC+ Cuts And Middle East Tensions
December 05, 2023
Recent oil price trends, OPEC+ choices, and geopolitical factors reveal the intricate web influencing the oil market’s current volatility.
Via
Talk Markets
WTI Extends Losses To 5-Month Lows Despite Crude Draw, Production Decline
December 06, 2023
This morning's weak ADP report added more selling pressure as supply soars with US oil exports near record highs amid record-high domestic crude production flooding the market.
Via
Talk Markets
Oil Prices Drop As Increased US Supply Offsets OPEC+ Cuts
December 06, 2023
Oil prices failed to capitalize on recent production cuts as the market prices in unprecedented US exports.
Via
Talk Markets
WTI Remains On The Defensive Above $72.30 Amid Concern About OPEC+ Cut, China’s Oil Demand
December 06, 2023
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.30 on Wednesday. The pessimistic economic outlook in China might cap the WTI’s upside as China is the world's largest...
Via
Talk Markets
Exposures
Fossil Fuels
These Companies Helped The German DAX Index Hit Its All-time High
December 06, 2023
The DAX 40 index surged to its all-time high on Tuesday, continuing the remarkable rally that started on October 23rd. The index, which tracks the 40 biggest companies in Germany, soared to a high of...
Via
Talk Markets
Financial Markets Report For Tuesday, December 5
December 06, 2023
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, December 5.
Via
Talk Markets
Oil Should See At Least 3 Waves Rally Soon
December 05, 2023
Cycle from 9.28.2023 high in Oil is in progress as a 5 waves impulse Elliott Wave structure. Down from 9.28.2023 high, wave 1 ended at 81.50 and rally in wave 2 ended at 90.78.
Via
Talk Markets
Commodities: Bitcoin, Bonds, DXY, Gold, Silver, Iron Ore, Copper, Uranium, Oil, Gas. Elliott Wave
December 05, 2023
Energy markets continue to trend lower but expect support sooner rather than later...
Via
Talk Markets
WTI Extends Losses To 5-Month Lows After API Reports Huge Crude Build At Cushing
December 05, 2023
Oil prices fell for the fourth straight day to close at five-month lows today.
Via
Talk Markets
Brent "Does Not Believe" OPEC+
December 04, 2023
Despite OPEC+ decisions at the November meeting, oil prices are falling. The issue is that the actual parameters of OPEC+ quotas turned out to be lower than investors expected.
Via
Talk Markets
Futures Drop As Torrid November Rally Fizzles Ahead Of Jobs Data Deluge; China Stocks Hit Five Year Low
December 04, 2023
In premarket trading, Spotify shares rose 1.7% after the company said it will reduce headcount by about 17%, at least the third time this year the streaming service has cut jobs.
Via
Talk Markets
Crude Oil Forecast: Looks Rangebound
December 04, 2023
The volatility of crude oil markets in recent days has left investors grappling with uncertainty, as the commodity searches for a way out of a major consolidation zone.
Via
Talk Markets
Exposures
Fossil Fuels
BoC Has Peaked On Interest Rates. ECB May Cut The Rate As Early As Spring 2024
December 04, 2023
At Friday's close, the Dow Jones Index (US30) was up by 0.82% (+2.46% for the week), while the S&P 500 Index (US500) was up by 0.59% (+0.87% for the week).
Via
Talk Markets
Topics
Stocks
Exposures
US Equities
Financial Markets Report For Friday, December 1
December 02, 2023
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Friday, December 1.
Via
Talk Markets
Crude Oil Heading Back Down Once Again
December 01, 2023
Crude Oil rises, then tumbles again in frothy energy markets.
Via
Talk Markets
Exposures
Fossil Fuels
Crude Oil Forecast: Markets Continues To Look To Upside
December 01, 2023
For OPEC, the challenge lies in achieving a delicate balance—striving to sell crude oil while maintaining a reasonable price point to meet their budgetary needs.
Via
Talk Markets
Exposures
Fossil Fuels
Crude Oil Commentary - Friday, Dec. 1
December 01, 2023
Crude prices have turned lower into the end of the week following yesterday’s OPEC+ meeting.
Via
Talk Markets
Exposures
Fossil Fuels
WTI Recovers Ground Toward $76.00 As US Dollar Faces Challenges, US Yields Weaken
December 01, 2023
WTI price experiences upward support on the subdued Greenback. Crude oil prices faced pressure on softer output cuts. OPEC+ decided to reduce a total of 2.2 million bpd for the first quarter of 2024.
Via
Talk Markets
Exposures
Fossil Fuels
Crude Oil Futures: Door Open To Extra Retracements
December 01, 2023
Prices of WTI retreated markedly on Thursday on the back of increasing open interest and volume.
Via
Talk Markets
Exposures
Fossil Fuels
There Is Still Disagreement On Production Quotas Within OPEC+. Inflationary Pressures Are Easing In The Eurozone
December 01, 2023
In addition, the October core PCE deflator, the Fed's preferred measure of inflation, declined to 3.5% y/y from 3.7% y/y in September, which matched expectations and was the slowest rate of increase in...
Via
Talk Markets
Topics
Economy
Exposures
Interest Rates
Financial Markets Report For Thursday, November 30
December 01, 2023
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, November 30.
Via
Talk Markets
Mo'vember Marks Best Month For US Bonds In 40 Years; Global Markets Add Over $11 Trillion
November 30, 2023
Global bond and stock markets added over $11 trillion in capitalization in November. That is the second biggest monthly gain in history (Nov 2020 added $12.5 trillion)...
Via
Talk Markets
Topics
Bonds
Exposures
Debt Markets
Deeper OPEC+ Supply Cuts
November 30, 2023
Further oil supply cuts were agreed at yesterday’s OPEC+ meeting, which should fully erase the surplus in 1Q24. However, the market was still left disappointed
Via
Talk Markets
What COP28 Says About Geopolitics, U.S.-UAE Relations And The Fate Of The Oil Sector
November 30, 2023
The BBC reported that the UAE is planning to use its role as COP28 host "as an opportunity to strike oil and gas deals."
Via
Benzinga
Crude Oil Futures: Recovery Has Further Legs To Go
November 30, 2023
The prices of WTI face the next up-barrier at the key $80.00 mark per barrel.
Via
Talk Markets
Exposures
Fossil Fuels
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