Replies to post #4292 on ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[pleeb01]

I was just going ask a similar question. I don't remember seeing a $5 spread between Brent and WTI before. That's a 10% difference. Brent dumps or WTI narrows the spread? BTW we'd prob be at around $49.80's area pre rollover I think so I'm wondering if it's time?

[kamakiri]

I think it's being propped up. WTI isn't as easy. The big spread between the two can't be maintained for very long.