Trading Crude Oil With The UCO And SCO ETFs

Summary Crude oil’s bullish trend is driven by escalating Middle East conflict, supply disruptions, and low U.S. Strategic Petroleum Reserve levels. The ProShares Ultra Bloomberg Crude Oil ETF is rated Buy, supported by strong momentum and liquidity, but carries high volatility and risk. The ProShares UltraShort Bloomberg Crude Oil ETF is rated Hold, with strong liquidity but negative momentum and high risk amid the bullish oil environment. Both UCO and SCO are suitable only for short-term trading; disciplined risk management and stop strategies are essential given extreme volatility. Looking for more investing ideas like this one? Get them exclusively at Hecht Commodity Report. Learn More » Jaromir Ondra/iStock via Getty Images Crude oil has been the North Star for markets across all asset classes since late February 2026, when the conflict in the Middle East began. Crude oil remains the energy commodity that powers the world, and while This article was written by Andrew Hecht 31.48K Followers Follow Andrew Hecht is a 35-year Wall Street veteran covering commodities and precious metals. He runs the investing group The Hecht Commodity Report, one of the most comprehensive commodities services available. It covers the market movements of 20 different commodities and provides bullish, bearish and neutral calls; directional trading recommendations, and actionable ideas for traders. Learn more. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The author always has positions in commodities markets in futures, options, ETF/ETN products, and commodity equities. These long and short positions tend to change on an intraday basis. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.