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home / news releases / YGRN - Crude Traders... Remember The Middle East?


YGRN - Crude Traders... Remember The Middle East?

Like a Fresh Prince of Bel-Air flashback from the early 1990s, Middle East violence and geopolitical fears shot back into commodity traders' lexicon Monday - with Oil spiking nearly 20% on news there was a coordinated drone attack against Saudi Arabia's oil infrastructure. The fantastical headlines by the likes of CNBC followed shortly after:

Brent crude oil spikes the most in history after Saudi attacks"

Cooler heads sort of prevailed by mid-day, but energy futures markets were still much higher.

Here's what managers and traders we're speaking with are thinking of the move:

  1. One, the

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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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