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Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
Recent historic events have thrown the global oil markets for a real loop. On one hand, we have seen the fallout associated with COVID-19. What once looked like a minor pain has morphed into a global catastrophe, the end result of which is, at least for now, a significant drop in oil demand. On the other hand, the world also just saw a historic oil production cut engineered by OPEC and some of its non-OPEC allies. These two sides of the oil supply/demand coin have created a great deal of uncertainty, and while the risk