Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta... see more

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Veren Inc > Warm Weather Could Help End The War In Ukraine

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Post by smallcaptdr on Jan 12, 2023 4:38pm

Warm Weather Could Help End The War In Ukraine

I would have thought that cold weather at -50f would end the war but the fact that if the War ended Oil would be at a loss as Oil prices reduce the risk of Russia cutting off Oil the way it is currently. Oil seemed to lose its bullishness after 3 tries to punch through $79 and stay there so maybe overseas will push it higher but it could start cooling down until solid manufacturing gains are recorded by China and that's going to take a month minimum for China it'll be interesting just what's left with the push higher, One thing for sure is if the war ended Oil's heading lower.

Unseasonably Warm Weather Could Help End The War In Ukraine | OilPrice.com

US Manufacturing Production (last recorded Nov)
United States Manufacturing Production

China Manufacturing Product (Nov last recorded)
China Manufacturing Production

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Comment by Aurum1983 on Jan 12, 2023 10:16pm

the war is getting bigger with no end in sight. French tanks, US air defense system...Russia putting top general with ability to full mobilization, EU is on the verge of joining in. Then China will have no choice but to participate...then US by proxy. This war will last at least 5 years. The economic effect is permanent. The run up for oil is just begining. You have many winters and summers of ...more

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