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Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
In the final quarter of 2018, the price of crude oil plunged. The NYMEX crude oil market traded to its highest price in 2018 at $76.90 per barrel at the start of Q4 2018. By the end of December, the price had declined to 42.36, a drop of 44.9% over the three months.
We are now in the final quarter of 2019, and it is starting out a lot like last year. As Yogi Berra would have said, it seems like "déjà vu all over again."