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YGRN - NYMEX Crude Oil - A Base At $50 And A Threat To Eclipse The 2019 High
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
In 2008, the price of nearby NYMEX crude oil futures rose to an all-time peak of $147.27 per barrel. The global financial crisis later than year drove the price of the energy commodity to a low of $32.48 per barrel. The recovery that followed took WTI futures to just under the $115 level in 2011. The price did not fall below $74 per barrel until 2014, when a tsunami of selling caused it to keep dropped until it reached $26.05 per barrel in February 2016. Crude oil can be a very volatility commodity that has