YGRN News and Press, Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN From 09/08/21

With bans in place both at the state and national levels, there will be no more large-scale pipeline projects built in the US for at least the next 3-5 years. LNG has risen to 51% of US Natural Gas Exports. Like oil, natural gas has cash and futures markets. For further deta...

A number of factors contribute to the gasoline price posted at your local corner store, but the primary determinate is the price of oil. Demand trends, quality specifications that change seasonally, and refinery outages are examples of some of the items that can also impact gasoline p...

The total count of U.S. active drilling rigs fell 11 to 497, according to the latest weekly survey from Baker Hughes. Drilling rigs targeting crude oil fell by 16 to 394, while gas rigs was up 5 to 102 and one rig was classified as miscellaneous. Rigs targeting oil in the Permian Basin r...

U.S. June production was essentially flat, only down by 5 kb/d from May. The revision to May was a surprise. May was revised up by 81 kb/d to 11,312 kb/d. The August STEO report forecast US June output would be 11,270 kb/d, a reasonable forecast, low by just 37 kb/d. In the onshor...

Hurricane Ida has forced Gulf of Mexico production and refineries to go offline. The impact so far has been mixed on crude balance, while petroleum product storages should see large draws. A sustained refinery outage would be similar to what happened in 2017 with Hurricane Harvey....

The winning streak for American shares rolled on in August. US stocks rose for a seventh straight month and posted the strongest gain for the major asset classes. US bonds also lost ground in August. The Bloomberg Aggregate Bond Index slipped 0.2%, the first monthly decline for the be...

OPEC+ will meet today for the first time since July, when the group reached a deal to raise crude production in response to "oil demand showing clear signs of improvement and OECD stocks falling." Delegates are likely to stick to their guns, pumping an extra 400K barrels a day over the next s...

Hurricane Ida slammed into Louisiana as a Category 4 storm on Sunday, lashing the coast with 150 mile-per-hour winds, torrential downpours and life-threatening storm surges. By nightfall, power was knocked out to the entire New Orleans metropolitan area, according to Entergy (NYSE:ETR), with ...

As oil demand is recovering sooner than expected, and by next year is likely to reach pre-pandemic levels at 100 million barrels per day, the question remains as to whether upstream investments (exploration & production) will gradually reflect the rebound in oil prices. Some inter...

The Baker Hughes Rig Count is higher by 5 oil rigs with the gas rig count unchanged. Crude Imports have risen from pre-COVID 1.6mil BBL/Day to 3-4mil BBL/Day as the US recovery progressed. With the economy continuing to expand and fossil fuel consumption globally returning to pre-...