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Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E Sr MedTrm Nt
If one were to simply look at the price of crude oil over the last month, you’d be left with the conclusion that the market is bearish.
With the outright price of WTI falling over the week and month, investors may be tempting to throw in the towel and join the bears. It is my belief that this is the wrong trade and that the underlying fundamentals remain bullish. In fact, I believe that three key reasons suggest that now is the time to buy crude oil.