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YGRN - Crude Oil - Some Positive Signs For The Energy Commodity
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
It took three months for the price of crude oil to rise from just below $51 per barrel on the nearby NYMEX futures contract in early October 2019 to a high of $65.65 on January 8, 2020. The final push to the upside came as tensions between the US and Iran reached a boiling point, which created what turned out to be a blow-off top in the oil futures arena.
As calm descended on the Middle East in the aftermath of the face-off between the US and Iran in Iraq, the signing of the "