Bullboard - Stock Discussion Forum Nuvista Energy Ltd NUVSF

Primary Symbol: T.NVA

Energy Oil & Gas E&P

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the... see more

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Nuvista Energy Ltd > API highlights

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Post by Carjack on Feb 21, 2024 6:24pm

API highlights

Distillate inventories fell this week, by 2.908 million barrels, on top of last week’s 4.016 million barrels drop in the week prior. Distillates were already 7% below the five-year average for the week ending February 9, the latest EIA data shows.

Cushing inventories rose again this week, by 668,000 barrels after rising by 512,000 barrels in the previous week.

On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose by 0.7 million barrels as of February 16. Inventories are now at 359.5 million barrels—the highest level since May 2023.