Nuttall's notable commentsEric touched upon the disconnect between the WTI price and the SP of the oil equities. He said that in order for this gap to narrow, WTI has to stay elevated for an extended period and not to be erratic up and down like a yo-yo. A lot of investors and speculators do not believe oil will stay at these elevated levels for long. Hence they sell the rallies while equities are stuck at low levels. Their valuation reflects a $65-70 WTI, also as per Mr Bushel on BNN the other day. So, what we need is WTI price around $100 for 3 to 6 months and the equity prices will rise.