Eric Nuttall: The bullish supply-demand case for oil — looming recession aside

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: Bruised by a 33-per-cent selloff in the oil price since summer and still suffering from recency bias inflicted by the COVID-19 pandemic, oil traders and energy investors alike are now gripped with a new fear: meaningful demand destruction resulting from a recession caused by rising interest rates around the globe.

Source: FinancialPost.com

Date: Oct 04, 2022

Link: https://financialpost.com/commodities/energy/eric-nuttall-bullilsh-supply-demand-case-oil

Questions for discussion:

  • What are the risks facing the industry at this time?
  • What do you think will happen over the next year or so?
  • How do you think this environment will affect investment and stock values?

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