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home / news releases / NRGO - Weekly Energy Recap: April 16 2021


NRGO - Weekly Energy Recap: April 16 2021

  • Oil prices made the first weekly gain after three consecutive weeks of decline, despite the rising number of COVID-19 cases and additional travel restrictions.
  • On the week closing, oil prices rose to a one-month high: Brent crude rose to $66.77 per barrel, and West Texas Intermediate rose to $63.13 per barrel.
  • The economic indicators are more robust as global oil stocks continue to fall. Therefore, both OPEC and the IEA hiked the world oil demand forecast as economic recovery gains pace.

For further details see:

Weekly Energy Recap: April 16, 2021
Stock Information

Company Name: Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO
Stock Symbol: NRGO
Market: NASDAQ

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