Bullboard - Stock Discussion Forum Spartan Delta Corp T.SDE

Alternate Symbol(s): DALXF

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Spartan Delta Corp. is a Canada-based energy company. The Company is engaged in exploration, development and production of crude oil and natural gas properties in western Canada. The Company is focused on acquiring a diversified portfolio of assets. It has a portfolio of production and development opportunities in the Deep Basin of Alberta. It is focused on the execution of the Company's... see more

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Spartan Delta Corp > Oil Mispriced

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Post by retiredcf on Jan 23, 2024 11:19am

Oil Mispriced

Crude oil should be pricing in about $12 in geopolitical supply disruption risk: energy expert

Clay Seigle, global oil service director at Rapidan Energy Group, joins BNN Bloomberg to talk about the main geopolitical risks for the oil market. Seigle says there is a 30 per cent chance Iran becomes directly involved in the Middle East war, which in turn could result in a $40 spike in crude prices. However he says right now we're seeing 'virtually zero' geopolitical risk premium built into the price of oil.

https://www.bnnbloomberg.ca/video/crude-oil-should-be-pricing-in-about-12-in-geopolitical-supply-disruption-risk-energy-expert~2852687

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