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home / news releases / YGRN - OIL: Wait For OPEC+ Before Buying Crude


YGRN - OIL: Wait For OPEC+ Before Buying Crude

The word “turbulent” only begins to describe this year’s price action in iPath S&P GSCI Crude Oil Total Return Index ETN (OIL). With prices witnessing over 50% declines on a year-to-date basis as well as last week seeing a rally of over 30%, trades in OIL have been in for quite a ride. While these markets have been incredibly volatile, I believe that traders should take an impartial look at the underlying fundamentals to best assess where crude is headed. I believe that it is not quite time to buy crude oil, but

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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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