Schachter’s Eye on Energy Report

Schachter’s Eye on Energy Report

Each week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 29 energy and energy service companies with...
Traders Are Betting Big On An Oil Price Rebound

Traders Are Betting Big On An Oil Price Rebound

Global oil storage space is running low, production is not falling quickly enough, and yet last week hedge funds bought a record amount of WTI contracts, Reuters’ John Kemp said Monday. At the equivalent of 122 million barrels, the amount of crude futures purchased...
Gold prices sees little reaction after U.S. Q1 GDP falls 4.8%

Gold prices sees little reaction after U.S. Q1 GDP falls 4.8%

Despite some optimism at the start of the year, the U.S. economy saw weaker than expected economic activity in the first quarter of 2020 as the global economy was turned upside down to the COVID-19 Pandemic Wednesday the first reading of U.S. Gross Domestic Product...
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