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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is an oil and gas company with operations focused on low decline oil in Western Canada. It is engaged in the acquisition, exploration and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District. It has over 730 million original oils... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Reason that oil
View:
Post by divime1 on Aug 15, 2022 1:50pm

Reason that oil

is down today is worries about the Chinese economy . They continue the stupid idea of getting to zero Covid cases  in a population of 1.45 billion people .

 
China Youth Jobless Rate Hit a Record 20% in July . The lock downs will soon end or the people will end them for the government 
Comment by Spanito on Aug 15, 2022 3:09pm
The news of China is just fear mongering to take WTI down.  Probably great work by The Biden Administration.  Covid, Lowering Inerest Rates, and their economy slowdown is in my opinion just great tactics to take Oil down.   Midterm USA elections need to disappear soon to stop this nonsense. Spanito
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