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Bullboard - Stock Discussion Forum Trican Well Service Ltd T.TCW

Alternate Symbol(s):  TOLWF

Energy Oil & Gas Equipment & Services
Trican Well Service Ltd. is a Canada-based oilfield services company. The Company supplies oil and natural gas well servicing equipment and solutions to its customers through the drilling, completion and production cycles. Its services include hydraulic fracturing, cementing, acidizing, coiled tubing and technical solutions. Its cementing solutions combine equipment, quality cement blends and... see more

TSX:TCW - Post Discussion

Trican Well Service Ltd > Saudi increases price of oil next month!!
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Post by JTDOUBLE on Feb 07, 2023 10:10am

Saudi increases price of oil next month!!

The travel demands have pickup tremendously given the RCL report lately ..

Airlines adding capacity ..

We are entering the strong  oil seasonality ..

Probably the reason Saudi seen the demand uptick , they will increase prices without knowing the uptick in demand..

https://finance.yahoo.com/news/saudi-arabia-unexpectedly-raises-oil-071011878.html
Comment by firstworld on Feb 07, 2023 2:53pm
Saudis are providing lots of oil for RU 3rd country blends used to circumvent sanctions and reship back to the minority of the world sanctioning, at huge profit margins!!!  This is Saudis way of making a cut when not directly blending or processing. Its just the Euros and others transhipping and relabelling origin so they dont shut down its hilarious.
Comment by JTDOUBLE on Feb 07, 2023 4:28pm
What are talking about ??  Saudi not cutting supply just raising the cost ..  man your so desperate with your short ..  Rig up what tgat got to fo with rising your prices ..  Supply and denand here ..   
Comment by firstworld on Feb 08, 2023 3:38pm
Saudis raising prices because damand is higher as its needed to blend with RU oil.   I have an EN teacher tutor (hot russian) if you need help interpreting grade 1 english haha
Trican Well Service Ltd