Josef Schachter – Energy Market Update, SPR’s Being Used To Slow Price

November 24, 2021

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.




Click here to learn more about Josef’s energy investment newsletter.

    Nov 24, 2021 24:08 PM

    Thursday AM in Sydney PDE and DYL up 2%, VMY down 2%, BOE still sleeping.

    Nov 24, 2021 24:49 PM

    Will The Global Effort To Ease The Oil Price Rally Pay Off?

    By Haley Zaremba – Nov 24, 2021
    “The Biden administration has been scrambling to avoid releasing oil from the U.S. strategic petroleum reserve, but the President and his team seem to have run out of options.”

    “The U.S., along with Asian superpowers, China, Japan, and India, have all agreed to open the taps.”

    “Oil producers have expressed concern that ramping up oil supplies could lead to a crash in the near future, though the true impact of this unprecedented move remains to be seen.”

    Nov 25, 2021 25:34 AM

    The Crude Facts – TD Securities
    Menno Hulshof, CFA, Aaron Bilkoski, Aaron MacNeil, CA
    1) Mixed inventory report:
    2) U.S. to release 50 mmbbl from SPR to combat higher oil prices:
    3) Retail gasoline prices reached highest level in seven years: