Oil Is Suddenly Red Hot Again (UCO)

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From Julianne Geiger: Baker Hughes has reported that the number of oil and gas rigs in the United States fell for yet another week, this time dipping 11 rigs--most of which was a loss to the number of oil rigs--the largest decline in the number of oil rigs this year.
NYSE:UCO November 4, 2017 7:57am

As The Bears Circle Oil, It Might Be Time To Get Aggressively Long (UCO)

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From JR Crooks: Just when the bulls began snorting and kicking their way into crude oil, the bears capitalized. That's because the price of crude oil fell more than 5% from Sept. 28 to Oct. 6.
NYSE:UCO October 25, 2017 8:34am

How To Profit From Crude Oil’s Latest Bounce (UCO)

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From Sean Brodrick: I have a very simple and important question from readers, just one of many that are pouring into my office right now: "Exactly why are oil prices heading higher and how can I profit from the rise?"
NYSE:UCO September 29, 2017 6:33am

Crude Oil Is Off To Its Worst Start In 20 Years (UCO)

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The ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) was recovering some of its recent losses on Wednesday morning, but many signs are pointing to further losses for oil in the coming weeks.
NYSE:UCO June 21, 2017 10:44am

Is It Finally Time To Get Long Crude Oil? (UCO)

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From John Ross Crooks III: ABC called to invite me to join the next season of “Dancing with the Stars.” Well, no. They didn’t, actually.
NYSE:UCO June 12, 2017 5:58am

Some Elite Oil Investors Believe A Major Crude Oil Rally Is Coming (UCO)

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Despite ongoing energy market weakness, and a global oil glut with seemingly no end in sight, some of the most successful oil investors in the world are betting on a sharp recovery for crude.
NYSE:UCO May 31, 2017 9:06am

Crude Oil ETFs Plunge Amid Oil’s Latest Technical Breakdown (UCO)

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From Corey Rosenbloom: If you wanted some instant volatility in Crude Oil, you got your wish this morning!
NYSE:UCO May 25, 2017 2:05pm

Oil Surges On OPEC Extension News, But Will The Deal Work?

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From Tyler Durden: Goldman Sachs, which has been pushing for higher oil prices with seemingly daily bullish research reports for the past month, and which underwrote the last Saudi Arabian bond issue and is expected to also manage the Aramco IPO (explaining the bank's conflict of interest), released a note commeting on the latest development in the oil market, which sent the price of crude higher by 3% after Saudi and Russia oil minister agreed to extend the OPEC production cuts by another 9 months through the end of Q1 2018.
NYSE:UCO May 15, 2017 9:56am

OPEC Weighs Bigger Production Cuts Amid Oil’s Latest Plunge

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Some OPEC members have begun to discuss the potential for deeper oil production cuts, as oil prices have failed to recover this year despite the cartel's best efforts to keep crude afloat.
NYSE:UCO May 8, 2017 1:56pm

Here’s Why Oil Markets Are Crashing This Week

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From Nick Cunningham: WTI and Brent continued to tumble on Thursday, dropping to their lowest levels since the announcement of the OPEC deal back in November. Brent actually dipped below $49 per barrel, raising fears of another downturn. Both WTI and Brent were off by nearly 4 percent during midday trading on Thursday.
NYSE:UCO May 5, 2017 6:52am

Don’t Buy the Hype about Higher Oil Prices

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From Mike Burnick: Crude oil futures surged nearly 2% higher last week, trading above $53 a barrel for the first time in over a month. And suddenly, everybody and his brother is bullish on black gold again.
NYSE:UCO April 19, 2017 7:56am

Bullish Oil Funds Hammered As Crude Suffers Another Big Loss

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From Tyler Durden: After a sizable build in crude and draw in gasoline overnight from API, WTI and RBOB are lower (legged down on Libya production news).
NYSE:UCO March 22, 2017 11:13am

Oil Prices Tumble Again, As Saudi Production Ramps Up

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From Tyler Durden: Just as WTI was trying to record its first increase in 6 days, the latest, March, OPEC monthly report was released which revealed something surprising: while secondary sources claimed that Saudi Arabia production declined by 68kbpd to 9.797mmbpd, according to Saudi's own numbers, the kingdom ramped up production in February by a whopping 263kpb, back over 10 million barrels per day.
NYSE:UCO March 14, 2017 9:32am

Dennis Gartman Just Put Out A Big Bullish Call On Oil

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From Tyler Durden: While Goldman has been aggressively warning about the upside risks to the market in days most recently over the weekend, so far none other than Dennis Gartman has been proven right with his recent call for a "melt up."
NYSE:UCO February 21, 2017 9:30am

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