YGRN News and Press, Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN From 10/13/21

Many questions have surfaced in recent weeks over the pace of the energy transition as an energy crunch takes shape across the globe. While many arguments are covering specific policy details or green efforts, all appear to be in agreement that the world is not spending enough on future energ...

There's some wild swings going on in the energy market as traders seek to capitalize on shifting sentiments amid a global energy crisis. Yesterday, European benchmark TTF natural gas futures jumped as much as 40% to a record €162.125/MWhr - in the span of a few minutes - afte...

Energy prices continue to surge to fresh records as fresh fears stoke panic of the worst shortage in decades. India has warned it has only four days of coal reserves left, German power plants are running out of fuel and China just unloaded an Australian shipment despite a forceful import ban....

Global markets suffered their broadest retreat in a year during September. The bullish exception: commodities, which delivered a solid gain last month. Notably, US stocks and bonds lost ground, giving support to concerns that the historical diversification benefits of pairing the two ...

Goldman's commodity report this week notes global oil inventory build since the end of 2019 has been eliminated. In addition, despite COVID case counts being elevated in Asia, its global oil demand tracker did not fall. Goldman reiterated its target for $80/bbl Brent by Q4 with up...

We believe what's happening in the natural gas market today (both in the US and on the global stage) is a great precursor for the oil market. Natural gas market is a pure commodity market with no cartel to control the supply and demand. So the boom/bust cycle we've seen in US shale ga...

The total count of U.S. active drilling rigs fell 6 to 503, according to the latest weekly survey from Baker Hughes. Drilling rigs targeting crude oil rose by 7 to 401, while gas rigs was fell 1 to 101 and one rig was classified as miscellaneous. Rigs targeting oil in the Permian Basin r...

May Non-OPEC production increased by 44 kb/d to 48,421 kb/d. The biggest contributors to the increase were Canada, 71 kb/d and the US, 82 kb/d. June production for the Non-OPEC countries is projected to increase by 591 kb/d to 49,012 kb/d. About half of that increase is expected to co...

EIA pegs US oil demand on a weekly basis at record highs. This occurred despite jet fuel demand still meaningfully lower. Given the assumption by OPEC and IEA that OECD demand in 2022 will not return back to 2019, the market appears to be underweighting demand surprising to the up...

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...