NRGO News and Press, Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO From 10/12/19

To say that the last few weeks in the crude markets have been volatile feels like an understatement. With prices surging in the wake of the Saudi attacks followed by an incredible decrease in the price per barrel, it has been a turbulent period. In the following discussion, I will walk throu...

Investment Thesis The fundamental state of the oil market does not point to further decline in the iPath S&P GSCI Crude Oil Total Return Index ETN ( OIL ). Instrument The S&P GSCI Crude Oil Total Return Index reflects the returns that are potentially available through an unlevera...

Crude oil was sitting at just above its recent low and level of technical support over recent trading sessions. Crude oil is the energy commodity that continues to power the world. Despite the growing trend that embraces alternative fuels in place of hydrocarbons, oil demand around the globe r...

"We expect growth in 2019 to be the weakest since 2016, following evidence of a slowdown in several major consuming regions and countries," according to the International Energy Agency. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, Veloci...

Attacks on Saudi oil facilities and low OPEC production aren't enough to keep oil prices up. Gold's lustre, though, is still hard to ignore. Bart Melek, head of global commodity strategy, TD Securities weighs in. Original Read more ...

An explosion damaged an Iranian oil tanker off the Saudi port city of Jeddah, according to Iranian state media, adding that experts suspected it was a "terrorist attack." More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, VelocityShares 3x Lon...

One of the worst-performing sectors of the stock market has been energy-related companies. Part of the problem has been the weakness in oil and gas prices. In 2018, crude oil traded to a high at $76.90 per barrel on the nearby NYMEX futures contract. In 2019, the high has been at $66.60 in lat...

Welcome to the stagnate edition of Oil Markets Daily! EIA 914 last week was a bit of a surprise to us. It wasn't the fact that production in July was down relative to June. We knew GOM shut-in from hurricane was ~320k b/d in July, but it was the fact that overall production with the decl...

In the final quarter of 2018, the price of crude oil plunged. The NYMEX crude oil market traded to its highest price in 2018 at $76.90 per barrel at the start of Q4 2018. By the end of December, the price had declined to 42.36, a drop of 44.9% over the three months. We are now in the final q...

The US dollar is sensitive to data misses, and even though the ISM services PMI remains in expansion territory, the lower than expected index triggered a selloff of the greenback. The United States is not immune to recession fears even if it remains the developed economy with the strongest pac...