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Eric Nuttall, senior portfolio manager at Ninepoint Partners, has been hitting back at the narrative that oil demand is in decline, pointing out that oil consumption is at record highs.
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One expert expects global oil inventories to end 2023 at the lowest point in more than eight years and fall even further in 2024, putting upward pressure on the price of oil
Things are lining up for a large and sudden rise in oil prices, making now one of the best opportunties to invest in energy. Find out more.
Privately held Strathcona Resources will buy Pipestone Energy and go public, giving it an initial enterprise value of $11.5 billion.
Privately held Strathcona Resources will buy Pipestone Energy and go public, giving it an initial enterprise value of $11.5 billion.