ENERGY, MARKETS, TECHNICAL

Stephen Schork

Founder,

The Schork Group

Founder and Editor of the Schork Report
25 Years Experience
Frequent Contributor to Major Print and Television Media

About Stephen

Stephen Schork is a highly acclaimed speaker, and is widely recognized for his ability to integrate vast arrays of compelling information into dynamic and succinct market views. His presentations include overviews of the key issues affecting the energy industry and context within which to view market action. Mr. Schorks forthright approach to benchmarking past projections against current market activity has established him as one of the industrys most sought-after energy experts. Mr. Schork is the co-founder of The Schork Group, and has extensive expertise in structuring and reviewing purchasing strategies, preparing narratives for presentations to boards of directors and investors to support trading and hedging decisions, providing cost/benefit analyses of mergers, acquisitions, and construction of new assets, and designing customized engagements tailored to clients business objectives. He is a registered Commodity Trading Advisor with the National Futures Association.

Stephen's Videos

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Inflation: Energy Is Just the Half of It

The war on fossil fuels has not only created an unprecedented rise in energy costs, but is also the key driver for the record prices we are paying at the grocery counter.

Stephen Schork

ENERGY

24:50

The Art and Science of Understanding Fundamentals in the Energy Sector

Why do traders place so much emphasis on forecasts and why does the market react when these estimations miss the mark?

For example, for crude oil to have value it must be refined into individual petroleum products such as gasoline, diesel, jet fuel, and liquified petroleum gas. Therefore, crude oil's worth is correlative to the economics of each of its underlying derivatives, approximately sixteen in all. Speculative estimates of weekly inflows and outflows of crude oil and its numerous byproducts is specious, i.e., seemingly plausible, but actually deficient.

The reason for this is that there are numerous factors that affect price volatility. For example, crude oil derivatives are spread across five distinct regional markets, each of which has discrete dynamics. Further muddling any forecasts, seasonal volatility and many other supply and demand fluctuations need to be taken into account.

This session will show the savvy trader how to cut through the noise of readily available market data, extract what is instrumental, and leverage this output to develop robust trading strategies.

Stephen Schork

ENERGY

33:51

The State of the Energy Markets

The global energy markets are under attack from all sides. The price of oil has moved lower by 50% since the start of the COVID-19 crisis. It's estimated the demand destruction from the pandemic could end somewhere between 20-30 million barrels per day removed from the market. At the same time, the Saudis and Russians are locked into a price war, determined to flood the global markets with oil.

Stephen Schork

COMMODITIES

Oil, Gas & Geopolitics

Are we producing too much crude oil? Stephen Schork thinks so, and the associated gas that comes with it.

Stephen Schork

ENERGY

3:33

Newsletter Contributions

The Schork Report

The Schork Report is a subscription service providing comprehensive technical and fundamental daily views of the energy cash and derivatives markets. TSR is geared towards professionals in the global energy arena looking to improve economic performance while managing risk.

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