Josef Schachter: Oil Prices to Rise in 2025, Stocks Now at Bargain Levels
Josef Schachter of the Schachter Energy Report outlines 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 the fourth quarter of the year.
“Most people on the analytical side are using US$70 to US$74 for their forecasts for 2025, and I’m in the camp that I was using low US$70s in 2024 when they were in the US$80s. I’m now looking for potentially US$80 to US$82 for the average in 2025,” he said.
“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.”
❓ What is your 2025 oil price prediction? Tell us in the comments!
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This interview was filmed on December 27, 2024.
#Investing #Oil #Gas
0:00 – Intro
0:27 – Oil to hit US$90 by Q4 2025?
5:45 – Drill, baby, drill
9:51 – Potential Trump tariff impact
14:32 – Global geopolitical factors
19:33 – What to watch
22:53 – 2025 natural gas price outlook
24:34 – Oil/gas stocks at bargain prices
31:51 – Commodities supercycle
33:44 – Outro
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11 Comments
❓ What is your 2025 oil price prediction? Tell us in the comments!
$30 is my oil price prediction for 2025. It night even go to zero again! Not sure how anyone thinks it will go higher? Big recession on the way and likely huge stock market crashes, layoffs!
Good guest, but his suggestion that Russia will trade the land in my of the four oblasts it has annexed for the small swath of land Ukraine is still barely hanging onto in the Kursk region is a total pipe dream.
45$ a barrel due to drill baby drill
Kursk is a killing field. Not negotiable
Based on DJT election promises oil will be 50-70 % lower so that puts it at $ 20.00 to $ 35.00 per barrell
One of the best interviews I have ever seen.
Maybe the best one.
Josef is bang on with his views.
Makes me laugh though, with the buying tax loss sales info.
My oil stocks have been steadily rising.
Guess I should keep them through 2025 and beyond.
CIA doesn't approve Venezuela election, same people who selected Biden and Trudeau.
Every other famous economist Guru you have on your show says TOTAL OIL BUST in 2025. Jim Rickards, Chris Vermeulen, Jeff Schneider, Lynn Alden, Brent Johnson, etc. The only thing that will drive oil prices higher is more war in more places…and the U.S. will still produce more than it alone can consume. I can't figure-out this guy's reasoning. Lots of Hopium I think.
33:25 🐐
So Donald Trump suggests that we flood the market with oil and you suggest that the price goes up 😂. Oil prices will remain roughly the same $60-$70 a barrel, no way we’re getting to $90 unless there’s a a war with Iran