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

Oil futures climbed Monday, with optimism that an economic recovery in the U.S. and Europe will lead to higher energy demand sending U.S. prices to their highest settlement in more than two years. Prices got a boost on "hopes that large parts of Europe will soon be able to follow the U.K. on easing restrictions further, thus driving up demand over the next few weeks," said Michael Hewson, chief market analyst at CMC Markets UK.

U.S. oil futures end at highest in more than 2 years

After a sharp decline on Thursday, crude oil and crude ETFs are scrambling back toward recent highs, amid news concerning the resumption of the Colonial Pipeline, and news that the federal government has allowed Valero Energy a waiver from the Jones Act—legislation limiting the quantity of vessels that can transport oil and fuels along the [...] The post Crude ETFs Climb Back Amid Colonial Pipeline Resumption appeared first on ETF Trends.

Crude ETFs Climb Back Amid Colonial Pipeline Resumption

Oil futures nudge lower Monday, with a round of weaker-than-expected economic data from China.

Futures Movers: Oil prices edge lower after weaker China data

Oil prices edged lower on Monday as the recovery of a major U.S. pipeline network eased concerns over supply and a new wave of COVID-19 restrictions in Asia fuelled fears of lower demand.

Oil edges lower as COVID-19 restrictions in Asia fuel demand concerns

Oil futures climbed on Friday, erasing previous losses to finish higher for the week. "The Colonial Pipeline debacle got most of the attention from energy traders this week," but the shutdown "did not have a material impact on the broader market as the outage was short-lived and all operations are reportedly back to normal as we approach the weekend," said Tyler Richey, co-editor at Sevens Report Research.

Oil prices finish the week higher as pipeline shutdown 'short lived'

The price of the commodity is expected to climb and that will lift shares, too.

Oil Stocks Have Been Stuck. Why They Should Kick Into High Gear.

The oil market maintained strength this week, despite the usual intraday volatility caused by uncertainty in the economy and pandemic recovery and review. The shutdown and restart of a major US pipeline was an issue for the American market and many questions remain.

Oil prices hold firm this week but uncertainty still rules the day

Oil futures rise Friday, taking back a chunk of the previous session's tumble, as a key fuel pipeline reopened after a closure that sparked gasoline shortages across the southeastern U.S.

Futures Movers: Oil prices bounce as Colonial Pipeline reopens

Oil futures declined Thursday, with U.S. prices settling at their lowest level so far this month, following news that Colonial Pipeline has restarted operations following a ransomware-related operational shutdown late last week. The restart took "the sting out of concern about supply shortages," said Michael Hewson, chief market analyst at CMC Markets UK.

U.S. oil prices log lowest settlement since April

United States 12 Month Oil Fund LP

While stocks are moving higher, crude oil is losing considerable ground Thursday, after scoring a two-month high on Wednesday, as U.S. crude exports tumbled, and indications of a swifter economic recovery and forecasts for increased energy demand drove prices higher. U.S. benchmark, West Texas Intermediate crude oil, is down over 4.45% on Thursday, trading at [.

Can Crude Oil ETFs Continue To Climb?

Oil futures fall Thursday, on track to snap a four-day winning streak, as the Colonial Pipeline resumes operations after shutting down in response to a ransomware attack. Traders were also tracking a continued surge in COVID-19 cases in India.

Futures Movers: Oil prices fall as Colonial Pipeline resumes operations on U.S. East Coast

Oil, gasoline and diesel prices fell sharply on Thursday, after Colonial Pipeline said it would restart operations following a cyberattack last week that shut off supply and caused energy supply shortages in various eastern US states.  The pipeline is the largest pipeline system in the US and provides the east coast with around 45% of its fuel, a total of around 2.5 million barrels a day. The shutdown led to long lines at gas stations as drivers scrambled to refill.

Oil and gasoline tumble after the Colonial restarts its pipeline after the cyberattack shutdown

Oil futures settled at their highest level since March on Wednesday, finding support in the wake of an overall upbeat outlook for 2021 oil demand from the International Energy Agency. Meanwhile, the outlook for U.S. demand brightened ahead of the summer driving season.

Oil futures settle at highest since March amid brighter U.S. demand prospects

The price of regular gasoline shot past $3 per gallon on Wednesday as fallout from a cyberattack on the nation's largest fuel pipeline continues to devastate the US fuel supply.  The average price for a gallon of gas is now $3.008, according to automotive group AAA. Mid-grade gas rose to $3.325 per gallon, while a gallon of premium now costs $3.597 on average. It's the first time the national average has risen above the symbolic $3 per gallon mark since the fall of 2014.

Gas prices surge past $3 for the first time since 2014 as pipeline disruption cripples supply

The Energy Information Administration reported Wednesday that U.S. crude inventories edged lower by 400,000 barrels for the week ended May 7. On average, analysts polled by S&P Global Platts forecast a decline of 4.1 million barrels for crude stocks, while the American Petroleum Institute on Tuesday reported a 2.5 million-barrel decline, according to sources.

Oil futures remain higher as EIA reports a smaller-than-expected fall in U.S. crude supplies

Oil futures jump Wednesday, boosted by an upbeat outlook for demand in the second half of 2021 and data showing a drop in U.S. crude inventories, while traders keep an eye on gasoline shortages across the Southeast as Colonial Pipeline moves to restore service on a key fuel artery.

Futures Movers: Oil prices jump after upbeat demand outlook as traders keep eye on gas shortages in southeastern U.S.

Oil futures settled higher on Tuesday, with the market "in a bit of a wait-and-see mode here as traders look for insight as to whether or not the Colonial Pipeline will be back up and running at normal capacity by the end of the week" as the operators suggested on Monday, said Tyler Richey, co-editor at Sevens Report Research. "If not, we could see gasoline prices go parabolic in the near term as there are already reports of panic-buying by consumers across the southeast as well as gas stations that are out of fuel.

Oil futures end higher as traders eye Colonial Pipeline developments

Oil futures trade lower Tuesday, with investors shrugging off a scramble for fuel supplies in parts of the Eastern U.S. as Colonial Pipeline works to restore service after a ransomware attack.

Futures Movers: Oil prices fall on expectations Colonial Pipeline outage will be temporary

The national average for a gallon of gas is approaching its highest level since 2014.

Pipeline shutdown could push prices at the pump above $3 a gallon, highest since 2014

The Organization of the Petroleum Exporting Countries on Tuesday left its forecast for world oil-demand growth in 2021 unchanged at 6 million barrels a day, for an average of 96.5 million barrels a day. In its monthly report, the organization said it revised down its forecast for non-OPEC liquids supply for 2021 by 200,000 barrels a day from last month's assessment.

OPEC leaves 2021 forecast for oil-demand growth unchanged

The company delivers approximately 45% of all fuel to the East Coast in a pipeline that stretches from Texas to the New York Harbor.

Will the Colonial Pipeline outage hike gas prices? It all depends on where you live

U.S. oil futures settled just a pennies higher on Monday as traders weighed the impact of the shutdown of the largest U.S. fuel pipeline due to a ransomware attack. Colonial Pipeline said it has a plan with a goal to "substantially" restore operational service by the end of the week.

U.S. oil futures finish slightly higher as traders weigh pipeline shutdown impact

Colonial Pipeline is aiming to "substantially" restore operations by the end of the week --- a goal that analysts say could avert widespread panic at the pump and lasting repercussions for fuel markets after the largest pipeline in the U.S. was shut down over the weekend in response to a ransomware attack.

Commodities Corner: Here's what the shutdown of the Colonial Pipeline means for the gasoline market

U.S. gasoline prices at the pump jumped 6 cents in the latest week and could soon be headed for the highest level since 2014 due to the supply disruption caused by a cyber attack on the country's biggest fuel pipeline system.

U.S. pump prices head for highest since 2014 as hacked fuel pipeline shut

Colonial Pipeline Co. provides an update on its cyberattack and timeline for restoring operations.

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