NRGO News and Press, Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO From 06/26/20

The history-making moves in oil this year have seemed to give way to a momentary calm, with West Texas Intermediate ((WTI)) oil prices trading in a range of $35-40 per barrel (bbl) for the first three weeks of June. OPEC and its allies (OPEC+) are doing their part to add stability to the marke...

In case there was not enough material to make 2020 an eventful year, this year also marks the five-year review of the oil pipeline index by the Federal Energy Regulatory Commission (FERC), which has implications for US liquids pipeline rates. Midstream investors likely remember the turmoil of ...

Chinese refiners stopped importing US crude oil since early 2019 amid an increasingly bitter trade dispute between Washington and Beijing. There had been expectations of a resumption in the trade at the start of the year following the phase one trade deal between the world's two largest econ...

- WTO adds voice to better-than-expected chorus. - US trade advisor walks back negative trade comments. Crude oil prices were supported by a tailwind from Bank of America (BAC), which upgraded its forecast for Brent by more than $5 per barrel. BofA analysts on Monday defended their forec...

Oil markets are going through a period of historic uncertainty. With prices plunging into negative territory earlier this year before surging back to just under $40 per barrel that they are at today, it has become clear that anything can happen in the short term. These gyrations have not been ...

Oil rebounded this week with Brent crude recovering to above $42 and WTI following the same trajectory, finishing the week at $39.75 per barrel. The recovery came on the heels of the first weekly decline in six weeks amid a huge sell-off in the futures markets that coincided with a major equ...

Following years of delay from court rulings as well as opposition from domestic and foreign and advocacy groups, could there be light at the end of the tunnel for the big 3 Canadian pipelines being built? James Hunter, Global Infrastructure Analyst, TD Asset Management, talks about the st...

All OPEC charts below were taken from the latest OPEC Monthly Oil Market Report . All data is through May 2020 and is in thousand barrels per day. OPEC crude only production was down 6,300,000 barrels per day in May. Oil production in every OPEC Nation except Iran was down in May. Alg...

China's imports of US crude oil are expected to hit record-high levels in July with cargoes shipped in May having surpassed 550,000 b/d. Cargoes loaded on ships in April have been the first since November 2019. Chinese refiners have been rushing to secure bargains when available US crude oil b...

On the heels of an IEA report that forecast a record rebound for oil demand next year, others in the industry are expressing similar enthusiasm despite concerns about a second wave of COVID-19. More news on: BP p.l.c., TOTAL S.A., The United States Oil ETF, LP, Energy stocks news, Commod...