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

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Stock

Markets don’t usually hit record highs, risk falling into bearish territory, and spring back to new highs within six months. But that’s what happened...

World News

Several provisions in the Senate GOP’s version of President Donald Trump’s ‘big, beautiful bill’ have run afoul of Senate rules and must be stripped...

Stock

The stock market feels like it’s holding its breath ahead of Big Tech earnings. The first two days of the trading week were mostly...

Investing

Ericsson (NASDAQ:ERIC) and Rogers Communications (NYSE:RCI) have activated Canada’s first underground private 5G network at the Northern Center for Advanced Technology’s (NORCAT) Sudbury mine....