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 finished higher on Thursday after the Organization of the Petroleum Exporting Countries and its allies emphasized their commitment to reach full compliance with pledged output cuts during a joint committee meeting.

Oil futures finish higher as OPEC+ emphasizes commitment to reach full output-cut compliance

The reality of the fundamental economic shift accelerated by COVID-19 is hitting the oil market, with reports from BP that we may already have passed the point of peak oil.

Past The Peak: A New Reality For Oil?

An OPEC+ technical panel warned that a rise in coronavirus cases in some countries may curb oil demand despite signs of economic recovery and initial indications of a decline in oil stocks, according to an internal document seen by Reuters on Thursday.

Exclusive: OPEC+ panel warns of virus impact, sees signs of decline in oil overhang

OPEC and allies, led by Russia, are scheduled to hold an online meeting on Thursday to discuss compliance with their agreed output cuts and demand trends amid falling oil prices and a faltering economic recovery outlook.

OPEC+ panel to meet amid oil price decline, worry of virus impact

OPEC and non-OPEC allies will hold a virtual meeting on Thursday to review the oil market and discuss compliance with deep production cuts.

OPEC and non-OPEC allies to review oil production cuts after dire demand warnings

Pandemic-related movement restrictions stopped people from commuting and traveling, drastically reducing oil usage.

The oil sector could face even more distress during coronavirus crisis as it struggles to draw investments

Oil prices were mixed in early trade on Thursday, just clinging to overnight gains, as concerns about weak fuel demand were in the frame again after Hurricane Sally blasted through the Gulf of Mexico into the southeastern United States.

Oil steady as demand worries revive, crews return to U.S. Gulf rigs

Oil futures rallied Wednesday, with U.S. prices up nearly 5% after the Energy Information Administration reported a 4.4 million-barrel weekly decline in domestic crude inventories.

Oil futures settle above $40 as U.S. supplies decline and Hurricane Sally leads to output cuts

The Paris-based organization now projects crude consumption to fall 8.4 million barrels per day to 91.7 million barrels per day in 2020.

IEA Follows EIA & OPEC, Sees Decelerating Oil Demand Recovery

Oil prices rose on Wednesday, extending gains from the previous session, as a hurricane disrupted U.S. offshore oil and gas production and an industry report showed a big drop in U.S.

Oil gains as hurricane shuts U.S. output, stockpiles fall

Oil futures ended higher on Tuesday, finding support as Hurricane Sally approached the northern U.S.

Oil, natural-gas futures end higher as Hurricane Sally disrupts Gulf of Mexico energy production

The IEA says that COVID-19 impacts will cause oil demand to sink for the remainder of the year.

Global Oil Demand Expectations Drop Even Further

Bharat Petroleum thinks India will start consuming less oil within five years.

Sorry Oil Companies, India Seen Hitting Peak Oil Use Soon

Per EIA, output from the Permian Basin is expected to rise by 23Mbbl/d month over month to 4,173 Mbbl/d in October.

Permian Oil Production Seen Higher for Second Straight Month

Some past predictions of peak oil demand and the industry's demise.

Peak Oil Demand! Again?

Global oil supply rose by 1.1 million barrels a day in August following the easing of OPEC+ production cuts.

IEA Again Cuts 2020 Crude Oil Demand Estimate

Rolling coverage of the latest economic and financial news, including new UK unemployment statistics

Biggest jump in UK redundancies since 2009; oil demand slashed again - business live

The IEA on Tuesday cut its forecast for 2020 oil demand growth, citing a "treacherous" path ahead amid weakening market sentiment.

IEA cuts 2020 oil demand forecast, sees 'treacherous' path ahead with rising coronavirus cases

The International Energy Agency (IEA) trimmed its 2020 oil demand forecast on Tuesday, citing caution about the pace of economic recovery from the pandemic.

IEA says oil demand recovery set to slow for rest of 2020

The next big shock to the oil industry could be yet another hit to demand, adding to the destruction already seen this year, analysts said at the S&P Global Platts' Platts Asia Pacific Petroleum Virtual Conference (APPEC) 2020.

Oil could see another demand shock, adding to the 'extraordinary' destruction this year

Oil prices inched lower on Tuesday as a bleaker outlook for global fuel demand prompted fresh selling, but short-covering ahead of a meeting later this week of OPEC and its allies, known as OPEC+, limited losses.

Oil inches lower as bleaker demand outlook weighs

NEW YORK, Sept. 14, 2020 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of ProShares Ultra Bloomberg Crude Oil ("UCO" or the "Company") (NYSE: UCO).

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ProShares Ultra Bloomberg Crude Oil - UCO

NEW YORK, Sept. 14, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of ProShares Ultra Bloomberg Crude Oil (NYSEArca: UCO) between March 6, 2020 and April 27, 2020, inclusive (the "Class Period") of the important September 28,.

ROSEN, RECOGNIZED INVESTOR COUNSEL, Reminds ProShares Ultra Bloomberg Crude Oil Investors of Important September 28 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $500K to Contact Firm - UCO

Oil futures settled lower Monday, as concerns surrounding weaker demand tied to pandemic prevailed, but losses were modest as the approach of Hurricane Sally caused disruptions to oil and natural-gas production in the Gulf of Mexico.

Oil futures end slightly lower as pandemic-related demand woes prevail, but Hurricane Sally disrupts Gulf output

More than 21% of Gulf of Mexico oil production has been shut down as of Monday in preparation for Hurricane Sally.

News for ProShares Ultra Bloomberg Crude Oil ETF (UCO)