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  • Writer's picturePopCan
    • Dec 29, 2021
    • 1 min read

'This is a supercycle': Energy bulls see more gains in 2022

BNN: "2021 proved to be a great run for the oil and gas bulls. Now they’re looking to the year ahead and some of the sector’s biggest backers are happy with what they see. “Nothing is changed from a base expectation. I think we’re in a structural bull market,” said Eric Nuttall, partner and senior portfolio manager with Ninepoint Partners LP, in an interview. Nuttall has long been forecasting a rebound in the energy sector even as many investors were fleeing it. And with the recent surge in COVID-19 cases causing some volatility in oil prices in the past month, Nuttall is calling for strong oil prices for next year and years to come."

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