We expect global oil inventories to fall to an 8-year low by year-end: Eric Nuttall
Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, joins BNN Bloomberg for his view on the energy market. Nuttall says that rather than focusing on demand concerns, investors should be looking at global inventories, which he expects will fall dramatically. He remains bullish on Canadian heavy oil producers such as Baytex and Cenovus.