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East West Petroleum Corp V.EW

Alternate Symbol(s):  EWPMF

Energy Oil & Gas E&P
East West Petroleum Corp. is a Canadian exploration and production company. The Company is pursuing conventional exploration and development oil and gas opportunities around the globe. In Romania, the Company has exploration rights in two exploration concessions, including EX-7 and EX-8.


TSXV:EW - Post by User

East West Petroleum Corp
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Post by Dragoonon Dec 08, 2021 11:01am
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Post# 34210474

Some information about oil outlook and news, positive for EW

Some information about oil outlook and news, positive for EWSome interesting information, the positive outlook for oil continues. Part of the last sentence from the article: Investment banks remain overwhelmingly bullish on crude. https://oilprice.com/Energy/Oil-Prices/Sentiment-Shifts-In-Oil-Markets-As-Hedge-Fund-Selling-Spree-Ends.html

And to add to that the first graph on ourworldindata website shows how oil is not disappearing anytime soon. It has only increased as a world energy source, as a total number, over the years. https://ourworldindata.org/energy-mix

Furthermore, U.S. crude oil reserves are down for 2nd week. This winter could be big for oil. https://www.reuters.com/markets/commodities/oil-extends-gains-easing-omicron-fears-iran-delay-2021-12-07/
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