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NRGZ - Oil Trades Between $50 And $60 Per Barrel - Oil Services Stocks Remain Cheap
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E Sr MedTrm Nt
The price of crude oil has been under pressure since trading to a high at $66.60 per barrel on the nearby NYMEX futures in late April. Crude oil fell to a low at $50.60 in early June and recovered to a high at $60.94 before turning lower once again. At around $56 per barrel on July 26, crude oil faces bullish and bearish factors. The current trend in the oil market is lower as the ongoing trade dispute between the US and China continues to weigh on the Chinese economy. Meanwhile, a host of issues