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Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

Alternate Symbol(s):  CVE | T.CVE.P.A | CNVEF | T.CVE.P.B | T.CVE.P.C | T.CVE.P.E | T.CVE.P.G | T.CVE.W | CVE.WS

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore.... see more

TSX:CVE - Post Discussion

Cenovus Energy Inc > Surprised
View:
Post by Cabarete1 on Jan 03, 2024 10:24am

Surprised

I'm surprised that the war risk premium on oil isn't much higher than it is.  I'm also surprised that the US isn't quickly refilling the strategic reserves.

I appreciate that the US is pumping so much right now, but with the stategic reserves largely depleted and so much tension globally, I can't imagine that they will will be able to kick the can down the road much longer, even with the election not far off and inflation concerns.
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