Product snapshot: oil dispute causes barrier breach 

Leonteq’s Multi BRC on Brent and WTI crude oil (generic front month’s futures contract) has breached its downside protection barrier just one month after going live. The one-year product, which can be called by the issuer, EFG International Guernsey, on 5 August or 5 November, respectively, had struck on 5 February 2020 when the Brent and WTI crude oil closed at US$55.28 and US$50.75, respectively. Thirty-five days later, on 9 March, the price of a barrel of Brent had dropped to US