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Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
In 2018, the price range in the NYMEX crude oil futures market was $34.54. During the final three months of last year, the price traded on both sides of the range. The high came in early October at $76.90 and the low in late December at $42.36 per barrel.
In 2019, we have not seen the same degree of price volatility. The low came at the start of 2019 at $44.35 and the high in April at $66.60 per barrel. The trading range of $22.25 is significantly tighter than in 2018. However, since mid-January of