Oil Super Cycle US$115 oil call driven by scarcity risk premium rather than geopolitics: RBC strategist
Michael Tran is managing director of global energy strategy at RBC Capital Markets. He talks about his team's expectations of oil benchmarks going above US$100 this year and the major drivers of this call.
https://www.bnnbloomberg.ca/video/us-115-oil-call-driven-by-scarcity-risk-premium-rather-than-geopolitics-rbc-strategist~2382398