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A Prisoner Exchange With Iran Could Impact The Oil Sector: Here s How - Invesco DB Oil Fund (ARCA:DBO), ProShares Ultra Bloomberg Crude Oil (ARCA:UCO), iShares U S Oil & Gas Exploration & Production ETF (BATS:IEO), iShares U S Oil Equipment & Services ETF (ARCA:IEZ)

The prisoner swap and releasing sanctions on Iranian oil could impact the energy industry by pumping more oil into the system.

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ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) Shares Gap Up to $34 66

ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) Shares Gap Up to $34 66
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Oil ETFs Power Higher With Rising Oil Prices

Rising oil prices have boosted some of the biggest exchange-traded funds (ETFs) that track the price of crude, many of which have risen more than 20% since late June.

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ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) Trading Up 4 2%

ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO – Get Free Report) shares rose 4.2% during trading on Tuesday . The stock traded as high as $35.05 and last traded at $34.87. Approximately 1,472,918 shares traded hands during trading, a decline of 49% from the average daily volume of 2,892,903 shares. The stock had previously closed at […]

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Don t look now, but oil has formed a golden cross chart pattern

The price of U.S. benchmark West Texas Intermediate crude made a so-called golden cross in late August, a signal that the oil rally could have room to run.

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