Josef Schachter – Energy Market Update, SPR’s Being Used To Slow Price
Josef Schachter, Founder of the Schachter Energy Report joins us to provide an update on the energy sector and the pullback this month in the oil price.
We start with the macro factors that Josef thinks are the most important to future oil price moves. We also discuss the use of SPRs (Strategic Petroleum Reserves) where counties are starting us draw on these to keep oil prices in check. Finally we look at the stocks and where Josef sees the best opportunities when the sector finds the next bottom.