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home / news releases / NRGO - Annual Reserve Revisions Part VI: Sub-Saharan OPEC Members

NRGO - Annual Reserve Revisions Part VI: Sub-Saharan OPEC Members

Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO
  • OPEC reports crude only production for its members every month.
  • As a part of OPEC the production from the sub-Saharan countries is relatively small, even if they do represent almost half the remaining members.
  • For each of these countries there is a strong correlation between GDP and income from oil extraction.

For further details see:

Annual Reserve Revisions Part VI: Sub-Saharan OPEC Members
Stock Information
Company Name: Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO
Stock Symbol: NRGO
Market: NASDAQ
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