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YGRN - Crude Oil - Looking For A Compelling Buying Opportunity
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
Crude oil has a habit of taking the stairs higher and an elevator to the downside when it comes to the price action in the energy commodity. In early October 2019, the price of nearby NYMEX WTI futures fell to a low of $50.99 per barrel, which was the low end of the trading range for most of last year. On October 3, the price of crude oil fell to a low after the blow-off top created by the drone attack in Saudi oil fields in mid-September. It took around three months for the price