TSX:CVE - Post Discussion
Post by
Betteryear2 on Dec 17, 2023 11:03am
"We Remain Bullish" Oil Prices, Supply and Demand in 2024
2698 Views Dec 14, 2023 #Energy #Investing #Oil Eric Nuttall of @ninepointpartners outlines how oil performed in 2023 and why he remains bullish in 2024. "We think the theme for 2024 is going to be a market where US supply growth massively contracts. Demand remains strong," he said. "That's our view. We think fair value today is US$80 (per barrel) — we see a ceiling of about US$90, give or take."
This interview was filmed on December 11, 2023.
Eric Nuttall: "We Remain Bullish" — Oil Prices, Supply and Demand in 2024 (youtube.com)
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