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Bullboard - Stock Discussion Forum ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > Interesting Perspective
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Post by retiredcf on Mar 17, 2022 12:18pm

Interesting Perspective

This guy really knows his stuff (not surprising given his previous position). He sees oil floating between $90 and $130 for the next several years so you can start doing the math. GLTA

Canada should be a big part of the solution for long-term global oil supply: Oil industry veteran

Antoine Halff, chief analyst at Kayrros, and former chief oil analyst at IEA, joins BNN Bloomberg to discuss the impacts that global sanctions on Russian oil imports is causing on the market. He notes wild swings in oil prices that could range up to $130 will be the new normal. He also believes Canada can play a key role in being a long term global oil supplier.

https://www.bnnbloomberg.ca/video/canada-should-be-a-big-part-of-the-solution-for-long-term-global-oil-supply-oil-industry-veteran~2404414

Comment by marcrobert on Mar 17, 2022 1:52pm
Clearly not an economist. If Ukraine drags on Europe recession and maybe global oil will not be at 65 before 130
Comment by marcrobert on Mar 17, 2022 1:53pm
will be at 65 before 130 - correction
Comment by red2000 on Mar 17, 2022 4:10pm
Thank's for this info, I also post it on Baytex bullboard ! With a reference to you ! Thank's again !
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