Hedge Fund Manager Claims Oil Markets Are Ignoring Geopolitical Risk ...Middle East

Economy by : (OILPRICE) -
There is no geopolitical risk premium on oil markets right now and the only thing that could change that is actual physical disruption of supply. This is what fund manager Eric Nuttall from Ninepoint Partners told CNBC this week in comments about oil prices after news of two more incidents in the region emerged, one of them involving a fuel tanker. Ninepoint Partners' Eric Nuttall says only a supply hit will move energy prices higher, as markets continue to ignore the Mideast risk. @willkoulouris @ericnuttall $WTI #Brent #redsea $DXY pic.twitter.com/lYuDoLvchW…

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