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home / news releases / YGRN - OPEC Update April 2021

YGRN - OPEC Update April 2021

Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
  • The OPEC Monthly Oil Market Report for April 2021 was published this past week.
  • Recent OECD commercial oil stocks were 29,000 kbo above the 5-year average.
  • OPEC crude output for March was about 25,000 kb/d. OPEC estimates demand for OPEC crude in the second quarter of 2021 will average about 26850 kb/d.
  • Brent reaching $75 to $85/bo seems likely if the OECD oil stock levels fall well below the 5-year average.

For further details see:

OPEC Update, April 2021
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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