NRGO News and Press, Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO From 04/23/20

April 20 is a day that will take on yet another meaning in the history books. Until last week, 4/20 was already a day of celebration for those who partake in and favor the legalization of marijuana. It is now a day of infamy for commodity traders, as crude oil fell into negative territory for ...

It finally happened. On Monday, we saw negative oil prices. The price of West Texas intermediate crude oil dipped below zero and not by a trivial amount. The price of the front month contract fell below negative $40 per barrel. In movement that should be mathematically impossible, the ...

An inquiry by the CFTC, helped by the FBI and State Department, is investigating whether Russia's stance with OPEC+ leaked before shots were fired in an oil price war that began on March 8. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, ...

Although Saudi Arabia is the largest oil exporter in the world, crude oil prices from the Kingdom are linked to regional international benchmarks: ASCI for the US, ICE Brent for Europe and the Average of Oman (as traded on the DME) and Dubai for the Far East. In early 2018, China launched th...

Welcome to the everyone is a bear edition of Oil Markets Daily! Rystad Energy has been the biggest shale bull in the last 5 years. To their credit, they called the rise in 2017 US shale production correctly and were the most bullish on production growth in 2018. But that was, of course, of...

Editors' Note: This is the transcript of the video we posted April 13th. Please note that due to time and audio constraints, transcription may not be perfect. We encourage you to listen to the video as well as a combined podcast featuring two other interviews along with this one, embedded b...

With all the news surrounding the WTI price crash over the last two days, it's finally Brent's turn to take a plunge. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, ProShares Trust II - ProShares Ultra Bloomberg Crude Oil, Top stock market...

In mainstream economic thought, there is one primary way that the economy can go screwy. Prices can rise too fast, and this is called bad inflation. This is to be contrasted with good inflation, when prices are rising at the Goldilocks-just-right rate. Diehard Keynesians (and monetarists) do f...

Two weeks ago, OPEC+ and the US came to a deal to cut crude oil production. President Trump hailed the deal, saying it would save "hundreds of thousands" of oil patch jobs. The Texas Railroad Commission meets today to "consider" a cut in oil production in the Lone Star state. Meanwhile, the ma...

The price of gold has been up steadily for the last 30 days (with a few zigs and zags), now re-attaining the high it achieved prior to the big drop in March. Gold ended the week at $1,662. Alas, it's not quite the same story in silver, whose price drop was bigger. Now its price blip is smaller...