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This interview was filmed on December 14, 2022.
Eric Nuttall of Ninepoint Partners share his thought on the oil market in 2023, including his outlook on prices and key supply/demand dynamics to watch.
#Investing #OilAndGas #Energy
0:00 – Intro
0:31 – Why are oil prices down?
3:54 – Oil market in sustainable deficit
6:50 – US shale growth to disappoint
9:13 – What will OPEC’s next move be?
14:10 – Supermajors can’t help OPEC
17:05 – Will a recession hurt oil demand?
20:14 – Oil price expectations for 2023
22:30 – Eric’s fund up 45 percent in 2022
26:08 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.