The Smartest Investors Club
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Smartest Investors Club

Investing

Josef Schachter: Oil Prices to Rise in 2025, Stocks Now at Bargain Levels

by January 2, 2025
January 2, 2025
Josef Schachter: Oil Prices to Rise in 2025, Stocks Now at Bargain Levels

Josef Schachter of the Schachter Energy Report outlined his outlook for oil and natural gas in 2025, saying he sees oil prices moving higher. In his view, West Texas Intermediate could reach US$90 per barrel in Q4.

‘I’m now looking for potentially US$80 to US$82 for the average in 2025,’ Schachter added.

‘But the big thing is I think we’re looking at the US$90s on a consistent basis in Q4, with a range of US$84 to US$96. Going from US$70 to US$90 (in) Q4 of this year to Q4 of next year — that will wake everybody up.’

Watch the interview for more of his thoughts on the oil and gas outlook, including ways to invest.

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

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Palestinian Authority freezes Al Jazeera operations in the West Bank
next post
Suspect in Montenegro shooting dies from self-inflicted injuries after killing at least 12 people

You may also like

RUA GOLD to acquire Siren Gold’s Reefton assets...

Crypto Market Recap: U.S. Loses $2B in Bitcoin...

Bold Ventures Provides Year End Project Overview

Grande Portage Announces Outstanding Results from Sensor-Based Ore...

Altech – CERENERGY Environmental and Construction Approval

Excellent Stope Performance as Mining Rates Ramping Up...

​Tech 5: Microsoft Taps Three Mile Island to...

BPH Energy LimitedPEP11 Offshore Petroleum Joint Venture Update

Canada Beats China for Top Spot in Global...

Aston Bay Holdings Closes $1.38M First Tranche of...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • ‘A fear campaign.’ Students around the world are shocked, scared and saddened...

    • North Korea deploys mystery balloon-like objects to stricken warship, satellite photos show

    • NVIDIA Rallies After Strong Q1, AI Demand Outshines China Export Hit

    • US senators meet with Zelensky in Kyiv as doubt cast over upcoming Ukraine-Russia peace talks

    • Israel’s plan to ‘conquer’ Gaza is leaving Palestinians with little place to go: 5 maps show how

    Categories

    • Business (1,673)
    • Investing (4,999)
    • Politics (7,837)
    • World (6,349)
    • Terms & Conditions
    • Privacy Policy
    • About us

    Disclaimer: thesmartestinvestorsclub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 thesmartestinvestorsclub.com | All Rights Reserved


    Back To Top