ProShares Ultra Bloomberg Crude Oil (UCO)

NYSEARCA: UCO · IEX Real-Time Price · USD
31.32
+0.38 (1.23%)
May 15, 2024, 4:00 PM EDT - Market closed
1.23%
Assets $580.22M
Expense Ratio 1.43%
PE Ratio n/a
Shares Out 18.44M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return +30.97%
Volume 2,891,107
Open 30.53
Previous Close 30.94
Day's Range 30.05 - 31.32
52-Week Low 21.20
52-Week High 37.11
Beta 0.13
Holdings 9
Inception Date Nov 25, 2008

About UCO

Fund Home Page

The ProShares Ultra Bloomberg Crude Oil (UCO) is an exchange-traded fund that mostly invests in crude oil commodities. The fund provides 2x the daily return of an index of futures contracts of WTI crude. UCO was launched on Nov 25, 2008 and is issued by ProShares.

Asset Class Commodity
Category Trading--Leveraged Commodities
Stock Exchange NYSEARCA
Ticker Symbol UCO
ETF Provider ProShares
Index Tracked Bloomberg Commodity Balanced WTI Crude Oil Index

News

Oil prices rise on moderate US inflation data, strong demand

Oil prices extended gains from the previous session on Thursday on signs of stronger demand in the U.S. where data showed slower inflation than markets expected, strengthening the argument for an inte...

Other symbols: BNODBOGUSHIEOOIHPXJUSO
4 hours ago - Reuters

Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Rebounds Towards $79.00 As Crude Inventories Decline

Falling Treasury yields provided additional support to oil markets.

Other symbols: BNODBOGUSHIEOOIHPXJUSO
10 hours ago - FXEmpire

Crude Inventories Declined By 2.5 Million Barrels, More Than Expected

Gasoline inventories decreased by 0.2 million barrels.

Other symbols: BNODBOGUSHIEOOIHPXJUSO
14 hours ago - FXEmpire

Crude Oil Price Forecast – Crude Oil Continues to Grind a Bit Lower

The crude oil markets have been very sluggish as of late, and therefore I think you have to look at this point, as a spot where we could have a lot of action enter the fray.

Other symbols: BNODBOGUSHIEOOIHPXJUSO
14 hours ago - FXEmpire

Oil prices slip as International Energy Agency cuts demand growth forecast

World oil demand is forecast to grow by 1.1 million barrels per day this year, down 140,000 bpd from last month's projection.

Other symbols: BNODBOGUSHIEOOIHPXJUSO
16 hours ago - CNBC

Colombia oil output closing in on 800,000 bpd, regulator head says

Colombia's average daily oil output is closing in on 800,000 barrels per day (bpd) even as the Andean country increasingly looks to boost renewable energies, the president of the National Hydrocarbons...

Other symbols: BNODBOGUSHIEOOIHPXJUSO
16 hours ago - Reuters

Oil prices hover near 9-week lows as traders await CPI data

Oil futures edged lower Wednesday after ending the previous session at nine-week lows, with traders awaiting a key U.S. inflation reading and official storage data.

Other symbols: BNODBOGUSHIEOOIHPXJUSO
17 hours ago - Market Watch

Oil Demand To Slow, Copper 'Handsomely' Outperforms Dollar | Bloomberg The Pulse 05/15/24

The outlook for global oil demand growth this year continues to soften amid an economic slowdown and mild weather in Europe, the International Energy Agency said. The IEA adds that Russia's April expo...

17 hours ago - Bloomberg Markets and Finance

Crude Oil News Today: Underpinned by Falling Inventories, Weaker Dollar

Crude oil prices are expected to remain volatile over the near-term with a bullish bias due to reduced inventories and potential supply disruptions.

Other symbols: BNODBOGUSHIEOOIHPXJUSO
18 hours ago - FXEmpire

IEA Says Global Oil Demand Growth Outlook Has Softened

The outlook for global oil demand growth this year continues to soften amid an economic slowdown and mild weather in Europe, the International Energy Agency said. Toril Bosoni, head of oil markets at ...

Other symbols: BNODBOGUSHIEOOIHPXJUSO
19 hours ago - Bloomberg Markets and Finance

IEA lowers 2024 oil-demand forecast

The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world's large...

Other symbols: BNODBOGUSHIEOOIHPXJUSO
19 hours ago - Market Watch

No secret the U.S. wants to keep a lid on oil prices in election year, analyst says

Amena Bakr, senior research analyst at Energy Intel, discusses U.S. Secretary of Energy Jennifer Granholm's Middle East visit.

Other symbols: BNODBOGUSHIEOOIHPXJUSO
19 hours ago - CNBC International TV

See Some Room for OPEC+ to Up Oil Production in 2H24, IEA's Bosoni Says

Global oil markets face a supply deficit this quarter, in part due to output cutbacks by the OPEC+ coalition, led by Saudi Arabia, according to the IEA. Toril Bosoni, the agency's Head of Oil Market D...

Other symbols: BNODBOGUSHIEOOIHPXJUSO
19 hours ago - Bloomberg Markets and Finance

Weak European Industrial Activities, Warm Weather Slow Oil Demand, IEA's Bosoni Says

The outlook for global oil demand growth this year continues to soften amid an economic slowdown and mild weather in Europe, the International Energy Agency said.  Toril Bosoni, IEA's Head of Oil Mark...

Other symbols: BNODBOGUSHIEOOIHPXJUSO
20 hours ago - Bloomberg Markets and Finance

IEA trims 2024 oil demand growth forecast, widening gap with OPEC view

The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Wednesday, further expanding the chasm between it and oil producer group OPEC regarding the outlook for global ...

Other symbols: BNODBOGUSHIEOOIHPXJUSO
20 hours ago - Reuters

Natural Gas and Oil Forecast: US Inventories Drop 3.1M Barrels, WTI Up 0.12%

A significant 3.1M barrel drop in U.S. oil inventories has lifted WTI prices to $78.49, reflecting tightening supply.

Other symbols: BNODBOGUSHIEOOIHPXJUSO
23 hours ago - FXEmpire

Oil prices up on wildfires in Canada, US inventories drawdown expectations

Oil prices rose in early trade on Wednesday as large wildfires were threatening Canada's oil sands and as the market expected U.S. crude oil and gasoline inventories to show a drawdown later in the da...

Other symbols: BNODBOGUSHIEOOIHPXJUSO
1 day ago - Reuters

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Retreat After U.S. PPI Report

Oil traders are worried that interest rates will stay at high levels for a long time.

Other symbols: BNODBOGUSHIEOOIHPXJUSO
1 day ago - FXEmpire

Oil Trades Below $80, Cooper Hits High

Futures are little changed ahead of the April PPI report. Alan Knuckman discusses this, as well as how crude oil continues to trade below $80.

Other symbols: BNODBOGUSHIEOOIHPXJUSO
1 day ago - Schwab Network

Crude Oil Price Forecast – Crude Oil Continues to Build Up Pressure

The crude oil market continues to see a lot of noise overall, as the market continues to try and find its footing. There are a few technical levels and indicators that are coming into the picture at t...

Other symbols: BNODBOGUSHIEOOIHPXJUSO
1 day ago - FXEmpire

Oil prices flat as traders await U.S. inflation data; OPEC forecasts unchanged

Oil futures were little changed Tuesday morning after the Organization of the Petroleum Exporting Countries left its monthly forecasts largely unchanged and traders awaited U.S. inflation data.

Other symbols: BNODBOGUSHIEOOIHPXJUSO
1 day ago - Market Watch

OPEC sticks to oil demand view, sees potential economic upside

OPEC stuck to its forecast for relatively strong growth in global oil demand in 2024 on Tuesday and said there was a chance the world economy could do better than expected this year.

Other symbols: BNODBOGUSHIEOOIHPXJUSO
1 day ago - Reuters

Equinor and Petoro swap Norwegian oil and gas assets

Equinor and Norwegian state-owned oil firm Petoro have agreed an asset swap to that allows the companies to harmonise their ownership in key fields, the two groups said on Tuesday.

1 day ago - Reuters

Crude Oil News Today: Gains Capped as Traders Eye US Inflation, OPEC Report

The crude oil market outlook is cautiously optimistic with expected OPEC+ cuts and possible US monetary policy easing boosting demand.

Other symbols: BNODBOGUSHIEOOIHPXJUSO
1 day ago - FXEmpire

Natural Gas and Oil Forecast: USOIL Up 0.08%, NG Down 0.04% Amid China Hopes

Oil prices rise as China's economic recovery sparks demand hopes, while Alberta wildfires threaten supply. Natural gas remains bearish below $2.39.

Other symbols: BNODBOGUSHIEOOIHPXJUSO
1 day ago - FXEmpire