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Bullboard - Stock Discussion Forum MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

MEG Energy Corp. is a Canada-based energy company focused on sustainable in-situ thermal oil production in the southern Athabasca region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the responsible economic recovery of oil, as well as lower carbon emissions. It... see more

TSX:MEG - Post Discussion

MEG Energy Corp > front month contract rolling off
View:
Post by cashtango00 on Nov 18, 2022 11:50am

front month contract rolling off

explains a lot of weakness in WTI this morning
Comment by MaximusGainus on Nov 18, 2022 11:59am
Right. That would be a lot of bulls unwinding. Russian oil price cap level is to be announced by Wednesday next week. Perhaps oil might be lower than the price cap by then.
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