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home / news releases / YGRN - Crude Oil Processing Spreads Had A Bullish September - Good News For Valero Energy Q3 Earnings


YGRN - Crude Oil Processing Spreads Had A Bullish September - Good News For Valero Energy Q3 Earnings

Since the September 14 attack on Saudi oilfields, the price of nearby November NYMEX crude oil futures has traded in a range from $54.75 to $63.89 per barrel. The high came when the market reopened after drones temporarily knocked out 50% of daily Saudi output, which amounts to around 6% of the world's supplies of the energy commodity. Since September 16, the price of crude oil declined steadily reaching its most recent low at $54.75 on September 27.

Meanwhile, the price of oil products followed the energy commodity higher and lower since mid-September. However, in

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Stock Information

Company Name: Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
Stock Symbol: YGRN
Market: NYSE

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