Fear versus excess supply: Commodity manager says big oil swings unlikely for now

Trevor Woods, CIO and co-managing partner of commodities asset manager Northern Trace, says oil is likely to trade in a fairly narrow range in the near term. Meanwhile, he says there are one or two misconceptions in the energy market that need dispelling, including the view that fossil fuel demand is dropping. Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: https://www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video BNN Bloomberg on Facebook: https://www.facebook.com/BNNBloomberg BNN Bloomberg on Twitter: https://twitter.com/bnnbloomberg BNN Bloomberg on Instagram: https://www.instagram.com/bnnbloomberg BNN Bloomberg on LinkedIn: https://www.linkedin.com/company/bnn-bloomberg -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.