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Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

Energy Oil & Gas E&P
Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.


TSX:VET - Post by User

Vermilion Energy Inc > Oil Inventories Drop Most Since 2019
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Comment by Paray99on Dec 01, 2022 8:48am
221 Views
Post# 35142393

RE:Oil Inventories Drop Most Since 2019

RE:Oil Inventories Drop Most Since 2019
retiredcf wrote: Global oil market is tight right now: Robert Yawger 

Robert Yawger, director of energy division at Mizuho Securities, joins BNN Bloomberg to discuss the latest oil inventories. He says supplies of crude worldwide look tight, but China's covid zero policy has killed its demand.

https://www.bnnbloomberg.ca/video/global-oil-market-is-tight-right-now-robert-yawger~2574771



In the news this morning, there is an easing of Covid policy in China. This will also boost oil throughout December. Some analysts are re-interpreting John Powell's comments yesterday to weaken the market. But, I don't think it is going to work in the favour of bears and markets are very bullish. Those who all holding oil and gold, will be rewarded big time.

BTW, Happy Christmas count down. It started today and Santa is coming to the Streets this time guys!

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