YGRN News and Press, Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN From 02/24/21

Two of the most important oil price reporting agencies have decided to include the physical WTI Midland and include it in the basket of European Dated Brent. Before such transatlantic benchmark conversion takes place, some questions must be addressed. If 500,000 barrels of WTI Mid...

Cold weather is causing price volatility in crude oil. The inventory cycle, as expected, is fueling a strong business cycle. Crude oil has been rising since the business cycle signaled solid economic growth. For further details see: Crude Oil And Energy Stocks: It's Not ...

Oil prices are still at a 13-month high, exceeding pre-pandemic levels. Global oil inventories continue to draw down. The impact of the severe winter weather in Texas will also impact demand for petroleum refined products in the US. For further details see: Weekly Energy...

US shale producers are going to be disciplined despite $60/bbl WTI. A large part of that is fear of the fragile recovery. But more importantly, the debt situation continues to hinder growth plans, and banks want to be paid back first. In addition, incentive wise, with where en...

With some $14 trillion invested in US equities alone, even a modest increase in passive investments into ETFs would reap significant rewards in fees. This new commodities super cycle proposition is based largely on a repeat of the last. Volatility in the current loose global monet...

Oil prices hit 1-year high. Will the oil rally continue? Will OPEC+ ramp up production as oil prices soar? Outlook for oil in 2021. For further details see: Winter Deep Freeze Pushes Oil Prices To Pandemic High. Will The Rally Continue?

There seems to be no stopping oil prices, with ICE Brent now trading comfortably above US$60/bbl. Clearly, OPEC+ cuts are doing their job, while global recovery hopes are playing a big part. Given the market is set to tighten further, we see further upside for prices. For fu...

OPEC+ is holding back more than 8 million barrels per day (bpd) in supplies that will progressively undershoot demand later in 2021. Higher oil prices are meanwhile encouraging US producers to increase oil output. The backwardation curve is giving signs that the global oil market ...

A deep freeze enveloping large swathes of the U.S. has resulted in rolling blackouts for at least 5M people from the upper Midwest to Houston to avoid a total collapse of their grids. More than a million barrels a day of oil and 10B cubic feet of gas production have also gone offline, sending...

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 ...