Alejandro Alonso Gonzalez

@Khaudus

#energyinvesting #oilmarkets #oilprices Eric Nuttall, June 03, 2026 - In this week’s edition, Eric Nuttall, Senior Portfolio Manager of Ninepoint Energy Strategies, returns after two weeks away to provide an update on global oil markets and explains why he believes the situation is now being measured in weeks, not months or quarters. Key Topics Covered: Strait Disruption Continues – Vessel transits remain at roughly two to three ships per day versus a baseline of 40–45. Global Inventories Falling– Stocks are declining at roughly six to eight million barrels per day across both vi...

Eric Nuttall, Partner and Senior Portfolio Manager at Ninepoint, says that the oil market is severely underestimating the gravity of the energy crisis because it has been exhausting oil inventories. He projects that, as long as the Strait of Hormuz remains shut, demand destruction is the only way to restore balance.