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ProShares K-1 Free Crude Oil Strategy ETF: (OILK)

(Delayed Data from NYSE MKT (ex. AMEX)) As of Jul 26, 2024 03:59 PM ET

$45.78 USD

45.7826
20,281

-0.75 (-1.61%)

Volume: 20,281

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

NA

After-Market: $45.91 +0.13 (0.28 %) 7:58 PM ET

Zacks News

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Will OPEC+ Output Cuts At All Boost Oil ETFs Ahead?

In the latest meeting, OPEC+ agreed to extend production cuts of 3.66 million barrels per day (bpd) until the end of 2025, along with prolonging cuts of 2.2 million bpd until September 2024.

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Where Could Oil Go From Here? ETFs in Focus

Oil prices may see a recovery in demand if global central banks start cutting rates by 2024-end, and if supply falls due to the replenishment of the US strategic petroleum reserve and continued OPEC+ output cuts. However, the growing thrust on clean energy is a negative for the long term.

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U.S. Oil Hovers Around $83: What Lies Ahead for ETFs?

Slowing manufacturing activity may instigate the Fed to cut interest rates earlier-than-expected. While this is a plus for oil ETFs, the U.S. government's efforts to keep oil prices low in the election year may not allow those ETFs to soar ahead.

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Time for Oil & Energy ETFs?

Oil prices have been in great shape this year. If the Gaza truce takes time to materialize, the rally could prolong.

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Oil Price to Double In Near Term? ETFs in Focus

Goldman Sachs believes that oil prices may surge ahead if Houthi attack continues, as quoted on oilprice.com.

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Houthi Attacks in Red Sea to Boost These ETF Areas

Red Sea serves as a critical transit route for oil. Consecutive Houthi attacks in this area for the past two months may boost these ETF areas.

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A Complete Guide to Oil Commodity ETFs

Fortunately, with the advent of ETFs, investors could easily venture into the energy sector without the need to engage in futures trading or take physical delivery of oil.

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A Complete Guide to Oil Commodity ETFs

Fortunately, with the advent of ETFs, investors could easily venture into the energy sector without the need to engage in futures trading or take physical delivery of oil.

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Can Oil ETFs Extend its Winning Streak for First Time Since June'22?

The energy market is on a tear. However, weakening economic growth in China can cause trouble in the oil patch.

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Here's Why Oil ETFs Likely to Gain in the Near Term

Positive projections for global oil demand, a weaker U.S. dollar, and ongoing supply cuts from OPEC+ are likely to contribute to the oil price rally in the near term.

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Oil ETFs Gaining Most Cash Since 2020: Time to Tap?

Oil ETFs have been raking in solid cash as recessionary fears pulled down oil prices in recent weeks.

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Can Oil ETFs Jump in 2023 After a Low Start?

Oil prices remained under pressure this year on global recessionary fears. Can it bounce back?

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Oil ETFs: Pain or Gain Ahead?

Oil prices have been in decent shape lately. Though the news of continuation of China's zero-Covid policy cast a pall over oil prices on Monday, it is likely to be a short-term drag.

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Oil ETFs Up on Steep OPEC+ Output Cuts

Oil prices rallied on Wednesday as OPEC+ producers agreed deep output cuts.

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Oil ETFs Up on Surprise OPEC+ Output Cut

Oil prices increased considerably on Sep 5 as OPEC+ producers agreed a small oil output cut.

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More Rally in Oil ETFs in the Cards This Week?

Oil prices have soared to their highest levels in many years due to geopolitical tensions in Europe and the Middle East. Sudden jump in production is also unlikely.

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Tough Time for Energy ETFs on Oversupply Concerns?

Oil prices declined more than 2% on Jul 14 after major global oil producers clinched a deal about supply, which gives cues of oversupply concerns.

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Optimistic About Oil ETFs? 2 Factors May Hurt the Energy Market

Oil prices have staged a rally lately. But uncertainty about the OPEC+ deal, chances of higher output and the resurgence of the delta variant of Covid have made the space a winner.

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Tropical Storms Put These Oil ETFs in Focus

Oil price has shown some strength over the past couple of days as the two tropical storms - Marco and Laura - threatened more than half of the production in the Gulf of Mexico and prompted refinery cuts.

5 Oil ETFs Gain as OPEC Agrees to Boost Production

As OPEC decides to boost production, the spotlight shifts again to oil ETFs.

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    Oil ETFs Plunge on Hopes of Output Boost

    Will continuous oil price decline affect ETFs?

      Crude Oil ETF (OILK) Scales a New 52-Week High

      Oil ETF hits a new 52-week high on increased concerns in Saudi Arabia.