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Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
This year has been quite a turbulent one when it comes to the price of crude oil. After beginning the year with a solid five-month rally that increased the price per barrel by $20, price has since reversed a good percentage of this movement. It is my belief that the current pullback in the price of crude oil represents an excellent buying point and that we may be at the lowest prices to be seen for several months. In other words, I believe crude oil has bottomed.