Connect with us

Hi, what are you looking for?

Investing

Josef Schachter: Oil Stock Buy Signal Approaching, 3 Triggers to Watch

Josef Schachter, president and author at the Schachter Energy Report, shares his thoughts on oil and natural gas prices, supply and demand in 2026.

‘I think before the cycle is over, the 2007 high of US$147 (per barrel) will be breached, because the industry cannot respond quickly by bringing on new oil,’ he said.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

You May Also Like

Investing

Charles Schwab Corporation partnered with Cboe Global Markets to introduce binary options tied to the performance of the S&P 500, marking its entry into...

Investing

Alcohol companies have had fewer reasons to say “cheers” in recent years. Volumes have been falling, and the entire business model is undergoing a...

Investing

For more than a decade, the economics of mobile gaming followed a simple formula. Developers built games, attracted players, and then surrendered a major...

Investing

Amazon has announced that it has become water positive in India, achieving a key sustainability target ahead of schedule as scrutiny grows over the...