NRGO News and Press, Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO From 03/13/20

Carnage and Armageddon are the appropriate descriptions for the events that transpired in the crude oil futures market in the aftermath of the May 6 OPEC meeting. Crude oil equities had been flashing a warning signal for more than one year. The prices of oil-related companies lagged crude oi...

Despite a 3% rise this morning to $32/64.bbl, crude oil is set to record a nearly 21% drop this week, marking the worst week since the financial crisis (its down almost 50% YTD). More news on: Marathon Oil Corporation, Pioneer Natural Resources Company, Apache Corporation, News on ET...

At the beginning of this week, I wrote about Russia's reasons for abandoning the OPEC deal in an article titled " Why Russia Killed The OPEC Deal ". It did not take long for Russia to explain its reasons in an exclusive interview for Reuters. Those investors who are seriously interested in t...

Pres. Trump's surprise travel restrictions in an attempt to halt the spread of coronavirus has sparked another massive drop in crude oil prices (NYSEARCA: USO ); April WTI -6.1% to $30.98, May Brent -6.6% to $33.43/bbl. More news on: The United States Oil ETF, LP, United States Brent...

By Peter C. Earle As if virus mania weren't enough: oil prices have crashed, down at least 25% percent in a mere 48 hours, after falling more since last week. Yes, that's the largest price drop since 1991. No, it is not the end times. This has almost nothing to do with virus fears. It's th...

A quick note about oil. The Saudi-Russia price war means OPEC disarray and a lower oil price for the US. The Energy Information Administration ((EIA)) reports : In 2019, about 142.23 billion gallons (or about 3.39 billion barrels) of finished motor gasoline were consumed in the United St...

Crude turns lower after Saudi Aramco ( ARMCO ) received a directive from the kingdom’s energy ministry to up its output capacity to 13M barrels a day, though it didn't say when the capacity increase would take place. More news on: Saudi Aramco, The United States Oil ETF, LP, iPath...

Mexico and other countries are looking to mediate between Russia and Saudi Arabia to end an oil price war that has battered global markets. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, VelocityShares 3x Long Crude Oil ETN, News on ETFs...

Global markets sell off again. This time from a collapse in oil prices as Saudi Arabia sets off an oil price war with Russia. Robert Vanderhooft, CIO, TD Asset Management and Michael O'Brien, Managing Director, TD Asset Management look at the implications for markets, the Canadian energy ...

By Fred Fromm, CFA, Vice President, Research Analyst, Portfolio Manager, Franklin Equity Group® Franklin Equity Group's Fred Fromm explains why recent oil market demand and supply shocks are essentially unprecedented and are leading to oil prices that are uneconomical for almost all ...