Josef Schachter: Oil to US$80 by Q4? Plus When to Buy the Dip in Stocks

Описание: Josef Schachter of the Schachter Energy Report shares his updated outlook for oil and natural gas.

He sees a buy window potentially opening for stocks in June, and also believes an oil price rise is in the cards.

"Global inventories — not just the US or ... individual countries — are at the lowest level that we've been at in a decade," he said. "So any supply shock, ie. Iran and Venezuela, is going to drive prices up," he said.

Schachter sees oil reaching US$70 per barrel before the end of Q3, with prices hitting US$80 in Q4, albeit with volatility.

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Companies mentioned by Josef in the interview (in order): Whitecap Resources (TSX:WCP,OTC Pink:SPGYF), Enbridge (TSX:ENB,NYSE:ENB), Vermilion Energy (TSX:VET,NYSE:VET), Trican Well Service (TSX:TCW,OTC Pink:TOLWF), Tourmaline Oil (TSX:TOU,OTC Pink:TRMLF), Bonterra Energy (TSX:BNE,OTC Pink:BNEFF), Kiwetinohk Energy (TSX:KEC,OTC Pink:KWTEF), Obsidian Energy (TSX:OBE,NYSEAMERICAN:OBE), Birchcliff Energy (TSX:BIR,OTC Pink:BIREF), Freehold Royalties (TSX:FRU,OTC Pink:FRHLF), Surge Energy (TSX:SGQ,OTC Pink:ZPTAF), Petrus Resources (TSX:PRQ,OTC Pink:PTRUF).

This interview was filmed on May 16, 2025.

#Investing #Oil #Gas

0:00 - Intro
0:23 - State of the oil market today
6:59 - Oil price to US$80 by Q4?
13:01 - Potential black swan events
16:27 - Trump and "drill, baby, drill"
20:21 - Oil and gas under Carney
27:19 - OPEC's production hikes
33:48 - Oil and gas stocks to watch
42:15 - Commodities supercycle
45:54 - Outro

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