Nuttall OPEC+ wanted some spare capacity to smooth things out in global energy market: Eric Nuttall
Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, joins BNN Bloomberg to discuss OPEC+ production cut and what it means for oil prices. He says the oil price selloff since the summer is 100% being driven by non-fundamentals like recession risks, a strong U.S. dollar and not any weakening in fundamentals.
https://www.bnnbloomberg.ca/video/opec-wanted-some-spare-capacity-to-smooth-things-out-in-global-energy-market-eric-nuttall~2536310