$180 oil is inevitable: Eric Nuttall

[ad_1] Breadcrumb Path Hyperlinks Oil & Gasoline FP Power Commodities Watch: Ninepoint Companions' Eric Nuttall talks about his forecast for oil costs

Publishing date:

Might 09, 2022 • 2 minutes in the past • • <path d="M4,0 C2.93914,0 1.921718,0.421428 1.171572,1.171572 C0.421428,1.921718 0,2.93914 0,4 L0,24 L3.846,20.158 L4,20.16 L20,20.16 C21.0608,20.16 22.0782,19.73858 22.8284,18.98842 C23.5786,18.23828 24,17.22086 24,16.16 L24,4 C24,2.93914 23.5786,1.921718 22.8284,1.171572 C22.0782,0.421428 21.0608,0 20,0 L4,0 Z M2,4 C2,3.46956 2.21072,2.96086 2.58578,2.58578 C2.96086,2.21072 3.46956,2 4,2 L20,2 C20.5304,2 21.0392,2.21072 21.4142,2.58578 C21.7892,2.96086 22,3.46956 22,4 L22,16.16 C22,16.69044 21.7892,17.19914 21.4142,17.57422 C21.0392,17.94928 20.5304,18.16 20,18.16 L4,18.16 L3.048,18.126 L2,19.174 L2,4 Z"/> Be part of the dialog <img alt="TC Energy Corp.'s oil storage tanks in Hardisty, Alta." class="featured-image__image type:primaryImage" height="750" src="https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2022/05/no0509oil.jpg?quality=90&strip=all&w=288&h=216" srcset="https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2022/05/no0509oil.jpg?quality=90&strip=all&w=288&h=216, https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2022/05/no0509oil.jpg?quality=90&strip=all&w=576&h=432 2x" width="1000"/> TC Power Corp.'s oil storage tanks in Hardisty, Alta. Picture by Jason Franson/Bloomberg information Article content material Eric Nuttall, Companion and Senior Portfolio Supervisor at Ninepoint Companions, talks with Monetary Publish’s Larysa Harapyn about how $180 oil is inevitable.

<img alt="A sign advertising open jobs at a GameStop store." class="lazyload" src="https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2022/05/hiring-vw0505.jpg?h=96&strip=all&quality=80" height="96" loading="lazy" srcset="https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2022/05/hiring-vw0505.jpg?h=96&strip=all&quality=80, https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2022/05/hiring-vw0505.jpg?h=192&strip=all&quality=80 2x, https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2022/05/hiring-vw0505.jpg?h=288&strip=all&quality=80 3x" width="96"/> Robust summer season job market a problem for employers <img alt=" an iBuyer (instant buyer) is a real estate firm that uses technology to buy and resell your home" class="lazyload" src="https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2022/03/vw0301sold-genz.jpg?h=96&strip=all&quality=80" height="96" loading="lazy" srcset="https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2022/03/vw0301sold-genz.jpg?h=96&strip=all&quality=80, https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2022/03/vw0301sold-genz.jpg?h=192&strip=all&quality=80 2x, https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2022/03/vw0301sold-genz.jpg?h=288&strip=all&quality=80 3x" width="96"/> The 'froth' is popping out of Canada's housing market <img alt="Travellers at Toronto Pearson International Airport on May 3, 2022. " class="lazyload" src="https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2022/05/no0504airport.jpg?h=96&strip=all&quality=80" height="96" loading="lazy" srcset="https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2022/05/no0504airport.jpg?h=96&strip=all&quality=80, https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2022/05/no0504airport.jpg?h=192&strip=all&quality=80 2x, https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2022/05/no0504airport.jpg?h=288&strip=all&quality=80 3x" width="96"/> Summer time air journey bookings 'extremely robust' Hearken to All the way down to Enterprise for in-depth discussions and insights into the most recent in Canadian enterprise, accessible wherever you get your podcasts. Take a look at the most recent episode under:

Commercial 2 This commercial has not loaded but, however your article continues under.

Article content material Share this text in your social community Commercial This commercial has not loaded but, however your article continues under.

Monetary Publish High Tales Signal as much as obtain the every day prime tales from the Monetary Publish, a division of Postmedia Community Inc.

By clicking on the join button you consent to obtain the above publication from Postmedia Community Inc. Chances are you'll unsubscribe any time by clicking on the unsubscribe hyperlink on the backside of our emails. Postmedia Community Inc. | 365 Bloor Road East, Toronto, Ontario, M4W 3L4 | 416-383-2300 Thanks for signing up! A welcome electronic mail is on its method. In case you do not see it, please examine your junk folder.

The following situation of Monetary Publish High Tales will quickly be in your inbox.

We encountered a problem signing you up. Please strive once more

Feedback Postmedia is dedicated to sustaining a full of life however civil discussion board for dialogue and encourage all readers to share their views on our articles. Feedback might take as much as an hour for moderation earlier than showing on the location. We ask you to maintain your feedback related and respectful. We've got enabled electronic mail notifications—you'll now obtain an electronic mail in case you obtain a reply to your remark, there may be an replace to a remark thread you comply with or if a person you comply with feedback. Go to our Neighborhood Tips for extra info and particulars on tips on how to modify your electronic mail settings.