Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.


TSX:VRN - Post by User

Veren Inc > Cant see Oil running high tomorrow or it would of today
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(111)
•••
Post by smallcaptdron Sep 27, 2022 7:20pm
268 Views
Post# 34990800

Cant see Oil running high tomorrow or it would of today

Cant see Oil running high tomorrow or it would of todayOnce again API shows a surplus and SPR is running on empty but they'll fill their tanks with cheap Oil. Oil is still in the $70+ so until Oil gets back up into the $80+ there's still a possibility that Oil could sell off tomorrow because there's no need for higher Oil prices right now and Oil only got up around $2 at the highest today so it's far from being bullish and the DOW was down again so until something changes traders they are looking at a bearish economy. We'll have to see if they're in a bullish mood across the pond tonight but I can't see that happening with everything that's going on in Europe. Oil could stay in the $70+ tomorrow and China the second largest Oil consumer is set to slow to 2.8% this year down from 8.1% in 2021. My prediction of $75 Oil is now at $65 by year's end unless something changes production the global recession is a real fact.

Technical on Oil
Technical Analysis of CFDs on Crude Oil (WTI) (FX:USOIL) — TradingView
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities