Oil Market Is Well Supplied, Inflation the Only Real Problem: Ecofin

Daniel Lacalle, senior portfolio manager at Ecofin, told CNBC, "the oil market is well supplied right now despite the troubles with Nigeria, Iran, Libya and Syria, we are having a petroleum system that is perfectly well balanced, so there is no real problem of supply and demand, the only real problem we are facing is a giant increase of inflation coming from monetry policies that are just printing money all over the OECD."
06:20
Fri, Mar 9 20122:10 AM EST