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

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