NRGZ News and Press, Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E Sr MedTrm Nt From 05/26/21

While renewable energy capacity is expected to grow significantly in the coming decades, it also faces massive challenges for widespread adoption. With the growing pressure to decarbonize, midstream companies provide a backbone for carbon capture and hydrogen to provide viable solutio...

Oil prices ended a volatile week and experienced the first weekly drop in four weeks. Brent crude price was down to $66.44 per barrel, while WTI dropped to $63.58 per barrel. US demand is expected to keep rising as driving activity hits a nine-month high. That was reflected in the...

By Erik Norland and Blu PutnamCommodities supercycles of the 1970s and 1990s had major economic and monetary drivers, but it’s unclear if such a driver exists today. The Bloomberg and S&P-Goldman Sachs commodity indexes have risen sharply, though it could be years before a ...

The strong economic recovery throughout much of Asia is driving high demand for crude oil. Strong demand for oil from Asia has led to a slight strengthening of Middle Eastern OSP differentials. US exports to China averaged 719,000 barrels per day in December 2020, up from zero in ...

Brent crude price rose by $0.43 to $68.71 per barrel for the week. West Texas Intermediate rose by $0.47 to $65.37 per barrel. OPEC reported a surprising surge in commercial oil inventories, increasing by 10 million barrels month on month in March 2021 - 13.5 million barrels higher th...

The upward momentum in oil prices continues. On the week closing, Brent crude rose to $68.28 per barrel. West Texas Intermediate rose to $64.90 per barrel. Oil's optimistic demand outlook overshadows falling demand in China and India, but could not offset the strong US manufacturi...

Some of the merchant banks would have us believe we are in the grip of another supercycle. The constrained global logistics market is pushing costs up and creating shortages across multiple supply chains. Goldman Sachs is predicting the biggest jump in oil demand in history, a ris...

US and European international oil companies (IOCs) have registered positive financial income in the first quarter of 2021 following huge losses registered throughout most of 2020. The revenues came as a result of higher oil prices, improving refining margins and higher demand prospect...

Efforts to address climate change by governments, investors and corporates appear to be accelerating, and many of these bodies are now setting net zero targets. Demand for gas is expected to be more resilient than that for oil over the next 30 years and remains a key transition fuel, ...

The Suburbanization trend we identified a year ago has continued. The scale is larger than expected. The impact on oil demand and other knock-on effects are greater. For further details see: Suburbanization: One Year Later