Randy Ollenberger (BMO) Oil rockets to a seven-year high, US$100 barrel in sight
Randy Ollenberger, managing director of oil and gas equity research at BMO Capital Markets, says we're heading to US$100 oil because we're entering a market where that price is what balances supply and demand. He says US$100 oil is not that inflationary, and isn't high enough to undermine demand.
https://www.bnnbloomberg.ca/video/oil-rockets-to-a-seven-year-high-us-100-barrel-in-sight~2375991