Oil prices saw significant volatility last night. During the US trading session on March 23, Brent crude fell sharply from around $113 to $96, marking a drop of more than 13% in a single day — one of the most dramatic moves in recent years. Prices then rebounded quickly and are now fluctuating around $102, with the market still facing high uncertainty. From the perspective of ETF performance, the sharp swings in oil prices led to clear divergence across related products. $United States Oil Fund LP(USO)$ , which tracks oil prices directly, fell 8.95% for the day, while $United States Brent Oil Fund LP(BNO)$ declined 9.52%. The 2x leveraged long oil ETF $ProShares Ultra B