Oil is going to trade between US$85-105 for the rest of the year: Eric Nuttall

Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, discusses his outlook for where the price of oil is headed.
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[@johnng5016]

MBS will keep oil price high to fund his sports ambitions and convert Saudi into a tech industry.

[@waynesnelling8259]

...or not lol

[@filip9220]

This did not age well

[@keithwollenberg5237]

The guest doesn't address the prospect of decreased oil consumption for a switch to renewables.
Does he believe that this will not happen in the timeframe of his forecasts?

[@islandguy9380]

Is there an inverse Nuttall ETF? 😂

[@omercakmak3099]

this guy has been right about oil for a long time, I believe him

[@filip9220]

Hows that going?

[@omercakmak3099]

@@filip9220 really bad

[@rz011279]

🤣🤣

[@waynesnelling8259]

whoops

[@islandguy9380]

Hi Eric!! 🤣

[@googleaccount5225]

Bloomberg stands out as disorganized.

[@michealkob]

Dah… everyone can predict that range

[@islandguy9380]

Eric might finally be right after over a year of failed predictions. But even a broken clock is right twice a day. Last summer Eric said oil would be $100 per barrel by Christmas 2022. It finished off at $70.00. Now Eric is again making the same prediction.

[@trevorlally7860]

Um spr was unleashed

[@henrychoo8327]

Notice everytime he's on he never wants to talk about BYD and tesla. Hahaha.

[@waynesnelling8259]

... or not lol

[@islandguy9380]

@@waynesnelling8259 Nutts is wrong again. He's on twitter telling everyone yesterday that he doesn't believe the data. He's way in denial. I am disgusted with the little idiot. I'm just glad I sold my energy stocks last summer. I am out. BTW, nnrg etf is now in the red YTD.

[@JJJohnson441]

Ofcourse he wants it to go to 100, he has millions at risk.

[@allenaxp6259]

SO wrong oil now at $82....

[@NeinOzon]

He jinx

[@lib1007]

I believe $100 is fair price and sustainable.

[@rz011279]

🤣🤣

[@islandguy9380]

We're going into election year and the Democrats want the price of oil lower so they can say, "see everyone, bidenomics is working!" Then there's the fact that if the Republicans take the white house they will open up drilling everywhere and the price of crude oil will drop to $58 per barrel. Oil traders and energy stock traders are in for a difficult year next year

[@cppmj]

this didnt age well..

[@KM-sr9cc]

Pain at the Pump again!
The new Russia - Saudis Oil Production Cut Deal will bring $3.00 gas at the pump within a year if not sooner.
Inflation numbers will hike again and so as the interest rates.

[@waynesnelling8259]

this aged well

[@autom8ed]

they must have meant (A)US $

[@davidcalvin4758]

guess you were dead wrong ,,, at 70