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OILX - Crude Oil Drifts Toward The Top End Of Its Trading Range
UBS AG London Branch ZC SP ETRACS REDEEM 22/02/2046 USD 25 - Ser B
So far, in 2019, the price of nearby NYMEX crude oil futures traded from a low at $44.35 in January to a high at $66.60 in April. At $57.25 per barrel on November 8, the price of the energy commodity was just above the midpoint of the year. Nearby Brent crude oil futures traded in a range from $52.50 to $75.59 per barrel in 2019. At a price of $62.40 on November 8, the price of the Brent benchmark was just below the midpoint for this year.
Since early October, December NYMEX futures have moved