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Petrotal Corp T.TAL

Alternate Symbol(s):  PTALF

Energy Oil & Gas E&P
PetroTal Corp. is an oil and gas development and production company focused on the development of oil assets in Peru. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. Its flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing development of hydrocarbons in Block 95 with a focus on the development and production from the Bretana oil field. In addition to further leads in Block 95, the Company has significant exploration prospects and leads in Block 107. The Bretana oil field is located in the Maranon Basin of northern Peru. The Company has a 100% working interest in the Bretana oil field. Block 107 has three additional leads, inclusive of the Osheki-Kametza prospect.


TSX:TAL - Post by User

Petrotal Corp > Strategic Petroleum Reserve At Historic Low
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Post by geezer21on Jul 17, 2023 8:02pm
93 Views
Post# 35545174

Strategic Petroleum Reserve At Historic Low

Strategic Petroleum Reserve At Historic LowIndicators that the price of oil is only going up from here:


US. Oil reserve at historic low.  Refilling will add to demand.

https://www.zerohedge.com/energy/massive-us-oil-caverns-are-now-empty-will-take-decades-refill-thanks-biden

Shale production has been declining,

https://boereport.com/2023/07/17/us-shale-oil-natgas-output-set-to-fall-for-first-time-since-december-eia/

OPEC prouction declining since last September

https://ycharts.com/indicators/opec_crude_oil_production

Oil Demand Up in May

https://stockhouse.com/companies/bullboard/t.tal/petrotal-corp?postid=35543998

Libiya Closed In

Air Traffic Up

https://www.zerohedge.com/personal-finance/us-airport-traffic-returns-pre-pandemic-levels

Libya Oil Fields Shut Down

https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Jump-As-Libyas-Largest-Oilfield-Goes-Offline.html

Russian Oil Exports Drop

https://oilprice.com/Latest-Energy-News/World-News/Russias-Oil-Exports-Plunge-To-The-Lowest-Level-Since-March-2021.html

 

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