In this episode of The Commodity Exchange, Nitesh Shah is joined by Josef Schachter of the Schachter Energy Report to unpack the recent volatility in oil prices and what it means for investors. They discuss supply dynamics, strategic reserves, and how geopolitical tensions are shaping short-term price movements.

Beyond the headlines, the conversation expands into a broader view of commodities, from energy markets to metals and food, and the case for a new commodity supercycle driven by underinvestment and rising demand from emerging markets.