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Bullboard - Stock Discussion Forum Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Energy Oil & Gas E&P
Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on... see more

TSX:YGR - Post Discussion

Yangarra Resources Ltd > OPEC cut
View:
Post by cfliesser on Apr 02, 2023 9:02pm

OPEC cut

Very surprising.... 


Should have bought more heavy oil lol

Kavern you better buy soon I don't think prices will get any lower.
Comment by kavern23 on Apr 03, 2023 5:33pm
OPEC did a cut in novemeber at 90 oil. I wouldnt neceassirly say this is a bullish thing in medium term for them having to cut again so soon.  Demand has to be weak for them to cut again. If OPEC really cut 1.6m barrels a day that is 136m dollars a day in revenue loss to opec, media doesnt like to point this out. How long can OPEC keep cutting too make North American oil companies rich
Yangarra Resources Ltd