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YGRN - Crude Oil - Risk/Reward Continues To Favor The Upside
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
Commodities are volatile global assets. It is not uncommon for the price of a raw material to double, triple, or halve in value over a short period. Crude oil is one of the most closely watched commodities that trade on futures exchanges. From the 1970s through the early 1900s, issues in the Middle East caused wild volatility in the price of the energy commodity. The Middle East is home to more than half the world's reserves.
In the 1970s, the crude oil embargo caused long lines for gasoline in the US during the Arab-Israeli War.