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YGRN - Oil Prices Are Unlikely To Be Lower For Much Longer
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
Gasoline demand is nearly back to pre-pandemic levels from 2019.
OPEC+ is unlikely to ramp up output to appease the U.S. - or anyone else, for that matter.
Brent crude prices dropped 6% last week, its largest week of losses in four months, while WTI slumped nearly 7% in its biggest weekly decline in nine months, according to Reuters.