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Ninepoint Energy Market Update

Ninepoint Energy Market Update - 2.6.2025
Key Takeaways
  • Tariff Tensions & Market Volatility – The 30-day reprieve and what it means for Canadian oil.
  • Pipeline Politics – Why Canada must expand its infrastructure to break U.S. market dependency.
  • The Case for More Pipelines – How new projects can lower oil price discounts and drive economic growth.
  • Oil Price Mispricing? – Why we believe crude oil is undervalued by ~$15/barrel.

Feb 6, 2025

This week, Eric Nuttall, Senior Portfolio Manager of Ninepoint Energy Strategies, dives into the volatile energy markets, key developments in Canadian oil and pipeline strategy, and how shifting geopolitical and economic factors are shaping global energy prices.

Key topics:

  • Tariff Tensions & Market Volatility – The 30-day reprieve and what it means for Canadian oil.
  • Pipeline Politics – Why Canada must expand its infrastructure to break U.S. market dependency.
  • Exclusive Insights from Financial Post Column – National pipeline approval is gaining momentum.
  • Canada’s Oil Export Problem – 94% of our crude goes to the U.S., reducing bargaining power.
  • The Case for More Pipelines – How new projects can lower oil price discounts and drive economic growth.
  • Energy Stock Market Trends – What’s driving share buybacks in Canadian oil & gas companies?
  • Oil Price Mispricing? – Why we believe crude oil is undervalued by ~$15/barrel.
  • OPEC & U.S. Shale Production – Debunking the myths of a market flood and sudden production surge.
  • AI, LNG, & Natural Gas Market Trends – What’s next for energy demand and investment?

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