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home / news releases / NRGO - Weekly Energy Recap: February 12 2021

NRGO - Weekly Energy Recap: February 12 2021

Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO
  • Oil prices extend weekly gains amid signs of improving global demand.
  • The IEA forecasts global oil demand to rise by 5.4 million barrels per day (bpd) to 96.4 million bpd in 2021.
  • Both international benchmarks Brent and WTI futures curve are in backwardation, which helps the drawdowns from global inventories.

For further details see:

Weekly Energy Recap: February 12, 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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