NRGO News and Press, Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO From 02/15/21

Commodities - representative of energy, industrial metals and agriculture - have been steadily rising since last fall. Industrial commodities had a long run over multiple economic cycles. We are paying more serious attention to current activity in the bond and commodities markets ...

Iron ore prices soar as metal supply weakens. Transport costs rise sharply amid container shortages. Chemical prices increase, but at softer rate. For further details see: Commodity Prices Rise Amid Intensifying Supply Pressures In January

Oil prices extend weekly gains amid signs of improving global demand. The IEA forecasts global oil demand to rise by 5.4 million barrels per day (bpd) to 96.4 million bpd in 2021. Both international benchmarks Brent and WTI futures curve are in backwardation, which helps the drawd...

Counter-seasonal draws continue, implying significantly tighter market when demand rebounds. Near-term, however, refining margins are weakening, likely signaling a near-term pause for oil. US crude storage is still expected to trend below the 5-year average. US implied oil demand ...

Recent production is showing a marked decline possibly partly due to the pandemic impact though I would expect this to have a bigger effect in the coming years because of delays in exploration, FIDs and maintenance. Buzzard has been the largest producing UK field for this century, has...

The declining crude oil inventories in the world's two largest oil consuming nations and largest economies, the US and China, have led to an outlook of a tightening market. The price of Brent crude is about to breach the important psychological mark of $60, closing the week at $59.34 ...

Oil & gas stocks will raise passions and attract many investors during bull markets. The energy sector is quite volatile and cyclical. I prefer pipelines (midstream industry) as the most interesting opportunities in the energy sector. For further details see: The Wor...

As we look at the oil market landscape for the rest of 2021, the bull picture is painted clear, while the risk factors are also clear. With the market now clearing the overhang in oil inventories, the speed and recovery of oil price will really depend on the actual surplus in storage....

Bitcoin charts resemble both gold and the euro. Dollar weakness and emerging market strength point to continued upside potential for bitcoin. Conditions currently resemble the late stages of the 1987 bull market, which could spell an end to the year-long rally. For further d...

What is Dr. Copper telling us about global growth outlook? Will gold break $2,000/oz in 2021? The bullish case for silver. For further details see: Commodities Rally In 2021: Is It Silver's Time To Shine?