#crude-oil-futures

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#leveraged-etfs #wti #contangoroll-yield #market-volatility #oil-prices #strait-of-hormuz #geopolitical-conflict
Business
from24/7 Wall St.
2 days ago

Up 130% YTD, This ETF Can Double Again as Iran War Has No End in Sight

UCO has gained strongly because it targets 2x daily returns on a balanced WTI futures basket that reduces contango roll losses.
Retirement
from24/7 Wall St.
3 weeks ago

Buy This ETF Before the Empty Oil Tankers Reach U.S. Shores

Spot oil prices are nearly $130 due to a significant drop in tanker traffic through the Strait of Hormuz during the ongoing geopolitical conflict.
from24/7 Wall St.
2 months ago

Iranian Strikes on Qatar Sent Oil Surging 8% and USO Along With It

Today, the geopolitical pressure that has been building since January has become an active supply crisis, and now that Iranian drone strikes are hitting QatarEnergy's facilities at Ras Laffan and Mesaieed, forcing a full halt of LNG production. Saudi Aramco's Ras Tanura refinery shut down as a precaution, all while Brent crude jumped 8% on the day.
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