Peak demand? More like a supply crisis propelling oil to US$100
Eric Nuttall: OPEC will soon exhaust its spare capacity and U.S shale lacks the ability to significantly grow in the years ahead
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Eric Nuttall: OPEC will soon exhaust its spare capacity and U.S shale lacks the ability to significantly grow in the years ahead
Making sense of the markets this week: May 3, 2021 By Dale Roberts on April 30, 2021 There's money to be made in energy, but fund managers are hesitant to go there; why Warren Buffett is sitting on $140 billion in cash; and is there growth outside of FAANGM? Advertisement Photo by Zbynek Burival on Unsplash Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. Advertisement The energy reality, the energy divide There’s nothing like the topic of investing in Canadian energy producers to ...
Eric Nuttall's Top Picks: April 30, 2021 BNN Bloomberg VIDEO SIGN OUT FOCUS: Energy stocks MARKET OUTLOOK: Oil has entered a multi-year bull market, given normalizing demand and structural supply challenges. With the successful vaccine rollout (in most areas of the world) we look for demand to reach pre-pandemic levels by the end of 2021. This will allow for OPEC to return the majority of their curtailed production back onto the market, thereby exhausting its spare capacity. The priority is the return of capital over growth and premium inventory exhaustion. The era of U.S. shale hyper...
Article content A couple of key questions loom for Canadian oil and gas producers as they pump out strong first-quarter results and crude prices crest above US$65 a barrel. What will companies do with the additional cash flowing into their coffers and what steps will they take to curb greenhouse gas emissions as investors, governments and the public sharpen their focus on ESG issues? We apologize, but this video has failed to load. Try refreshing your browser, or Varcoe: More Canadian producers aim for net-zero emissions, eye more spending as oil tops $65 Back to video Vermilion Energy, a m...
Article content A couple of key questions loom for Canadian oil and gas producers as they pump out strong first-quarter results and crude prices crest above US$65 a barrel. What will companies do with the additional cash flowing into their coffers and what steps will they take to curb greenhouse gas emissions as investors, governments and the public sharpen their focus on ESG issues? We apologize, but this video has failed to load. Try refreshing your browser, or Chris Varcoe: More Canadian producers aim for net-zero emissions, eye more spending as oil tops $65 Back to video Vermilion Energ...