ProShares Ultra Bloomberg Crude Oil

UCO provides 2x the daily return of an index of futures contracts of WTI crude.

United States Brent Oil Fund LP

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

iShares U.S. Oil & Gas Exploration & Production ETF

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

WTI oil tried to rebound but lost momentum and pulled back. Natural gas traders wait for additional catalysts.

WTI Oil Faced Strong Resistance Near The $80 Level

Group of Seven nations were hoping to agree on a price cap for Russian crude before the EU ban on imports takes effect on Dec. 5.

Oil Prices Rise as EU Talks on Russian Price Cap Inconclusive

Trading is expected to remain cautious ahead of the OPEC meeting on Dec. 4 and the Dec. 5 start of the European Union's embargo on Russian oil.

Oil Price Fundamental Daily Forecast – Sluggish Trade as China Demand, EU Russian Oil Embargo Worries Weigh

Brent and WTI crude crept higher on Friday even as China revealed a record number of COVID-19 infections.

Oil prices edge higher despite the West's Russian price cap talks and more Chinese lockdowns

Oil futures rose Friday, but remained on track for a weekly fall as investors weigh prospects for Chinese demand and monitor talks over a price cap on Russian crude.

Oil higher, but set for weekly decline as China demand worries overhang market

The energy ministers of Saudi Arabia and Iraq met on Thursday and stressed the importance of adhering to OPEC+ output cuts that last until the end of 2023, the Saudi energy ministry said in a statement on Friday.

Saudi, Iraqi energy ministers meet, review oil markets

Oil rose in early trade on Friday, trimming some of the week's losses which have been driven by worries about Chinese demand and expectations a high price cap planned by the Group of Seven (G7) nations on Russian oil will keep supply flowing.

Oil inches up amid wrangling over Russian oil price cap

EU countries failed to reach consensus on the price cap deal.

Russian Oil Price Cap Negotiations Are Postponed

Crude oil markets have drifted a little bit lower during Thursday trading, in what would have been limited hours.

Crude Oil Price Forecast – Crude Oil Markets Drift Lower in Thin Trading

European Union leaders will discuss the measure and at which level to set it.

Oil Extends Losses as Talks on Russia Price Cap Continue

Oil markets may find themselves under pressure as China reported a record number of new coronavirus cases.

WTI Oil Is Stuck Near $77.50 As Traders Wait For Russian Oil Price Cap Details

Oil prices fell on Thursday, extending losses from the previous session, as fears of supply disruption eased on news that the Group of Seven (G7) nations were considering a high price cap on Russian oil.

Oil falls as supply-disruption fears ease amid Russian price cap talks

Some EU countries consider the proposed price cap on Russian oil as watered-down, Bloomberg reported.

Oil drops 4% as the EU considers capping Russian oil prices between $65-$70, with the bloc split on the potential move

Oil markets are losing ground while traders wait for the official announcement of the price cap.

Fresh Reports Highlight The Potential Price Cap For Russian Oil

New guidance issued by the U.S. Treasury adds more detail to a complex plan by the European Union, G7 nations and Australia to cap the price of Russian oil starting on Dec. 5.

Factbox: U.S. offers new details on plan to cap Russian oil prices

Sarat Sethi, the Managing Partner and Portfolio Manager at investment advisory firm Douglas C Lane & Associates, believes oil and gas will lead the market going into 2023. The financial expert's comments on Wednesday came even as oil prices fell more than 4%.

Sarat Sethi says oil and gas will ‘stay the leader'

Crude oil markets have fallen again during the trading session on Wednesday, as it looks like the rally had very little legs to begin with.

Crude Oil Price Forecast – Crude Oil Plunges Again

Oil futures traded lower Wednesday as investors kept tabs on Group of Seven talks on a price cap for Russian oil.

Oil lower as talks continue over Russia price-cap plan

Storm clouds are gathering on the energy front with concerns over a potential diesel crisis. An energy shock in 2023 could derail the "peak inflation" narrative when everyone least expects it.

Oil Forecast – Energy Shock Could Send Crude Towards $200

Tankers are spending more time on the water after the Russia-Europe energy breakup.

Oil-Shipping Costs Soar as Ukraine War Reshapes Global Trade

The measure would be enforced by refusing to insure ships selling the country's crude for more than the limit.

Oil Moves Higher as Western Nations Poised to Agree on Russia Price Cap

Traders are looking for the U.S. Energy Information Administration's Weekly Inventories report to show a 2.6 million barrel drawdown of crude oil.

Oil Price Fundamental Daily Forecast – Higher as API Draw Offsets China Demand Worries Ahead of EIA Data

It is likely that the price of crude oil, which has remained between $80 and $90 per barrel for quite some time, will break to the downside as economic conditions deteriorate.

Coming Soon: Lower Oil Prices Courtesy Of A Slowing Global Economy

Oil prices rose in early trade on Wednesday after industry data showed U.S. crude stockpiles fell more sharply than expected last week, highlighting supply tightness ahead of a looming European Union ban and G7 price cap on Russian oil.

Oil prices climb on big drop in U.S. crude stocks, Russia supply uncertainty

A WSJ article dings oil prices and then is proved wrong

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)