NRGO News and Press, Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO From 07/01/21

MSCI US REIT Index rallied 2.7% in June, which marks an impressive run of eight consecutive monthly increases. The Russell 3000 Index jumped 2.5% in June, the fifth straight monthly advance. Comparing GMI to US stocks and bonds shows that global asset allocation remains competitiv...

WTI crude oil rockets past $75/bbl for the first time since October 2018 after media reports indicate that Saudi Arabia and Russia have reached a tentative deal to gradually raise production.According to Reuters, the OPEC+ group is weighing a plan that would ease production curbs enough to ad...

After a long bear market, the energy sector has low capex and is likely setting up for a longer-term bull market, not just a transitory blip. An analysis of every major energy/power source, including their shortcomings. My favorite energy stocks for the long run. For further...

Lumber is driven by home building, which is in an upturn. Oil is driven by a similar dynamic. Natural gas is in a deficit but is more complicated. Commodities staying high will drive inflation. For further details see: Inflation In Depth: Lumber, Oil And Natural Gas ...

The simplest approach is to look at expected fossil fuel liquid production versus WTI to guestimate revenue growth and the market pricing response. Well-operated companies have nearly always added operating efficiencies which tend to surprise on the upside. Exxon Mobil and EOG Resourc...

Strategas Head of Technical Strategy Chris Verrone takes us through some market insights. The trend of this market is up, but momentum has started to soften under the surface. Over the last few months, participation has narrowed a little as fewer stocks move higher along with the mark...

Oil prices continue to rise for the fifth consecutive week. Brent crude price closed the week by rising to $76.18 per barrel, while WTI rose to $74.05 per barrel. The global oil market might be rapidly shifting from a period of oversupply during the height of the pandemic to a shortag...

The EIA issues revision data by whole states or state districts rather than by basin, so some of the reserves and production, but a small proportion, will be from conventional reservoirs. Cumulative adjustments and revisions turned negative in 2019 and I expect will show a major decli...

U.S. active drilling rigs stayed flat at 470, after rising by 14 in the previous two weeks, Baker Hughes reports in its latest weekly survey.Drilling rigs targeting crude oil in the U.S. fell by 1 to 372, while gas rigs added 1 to 98.Rigs targeting oil in the Permian Basin fell by 1 to 236.ET...

According to S&P Global Platts, if the US removes sanctions on Iranian oil, there could be a possible return to pre-sanctions oil production of about 3.9 million barrels per day (bpd) next year. With signs the market will already be undersupplied in the second half of 2021, the ad...