Massive weekly oil draws could start in May, prospects of US $100 oil or higher likely: Nuttall
Eric Nuttall, partner and senior portfolio Manager at Ninepoint Partners, joins BNN Bloomberg for his energy outlook as supply concerns continue to threaten the market. Nuttall says massive weekly draws, week after week, both in U.S. and globally could begin in May. As a result oil could reach US$100 or higher per barrel.
https://www.bnnbloomberg.ca/video/massive-weekly-oil-draws-could-start-in-may-prospects-of-us-100-oil-or-higher-likely-nuttall~2669849