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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 > oil down 5 dollars
View:
Post by angelnicky on Mar 30, 2022 10:24pm

oil down 5 dollars

thanks to US for releasing an extra 1 million barrels per day which will start tomorrow
Report that Canada , particular Ont and Que are in its 6 th virus wave.
Demand for oil and gas will subside and hence stock prices will start to show the lower fuel demand and excess put out by the US from thie reserve
enjoy your evening and see what tomorrow will bring
Comment by mitochondria on Mar 30, 2022 10:32pm
systemic shortage/market noise, the problem is everyone listens to it lol :)
Comment by sirmevl on Mar 31, 2022 12:25am
Yes there releasing more oil from the reserves . Hopefully I can grab some more if arx goes down because we can expect oil to sky rocket when they remember what the reserves are for and that they have to buy it back later at another date. :-) good news in my book.angle keep pumping these prices up it's working well https://financialpost.com/pmn/business-pmn/oil-slumps-as-u-s-mulls-releasing ...more  
Comment by gossamer9 on Mar 30, 2022 10:36pm
This post has been removed in accordance with Community Policy
Comment by Chimpwithdart on Mar 31, 2022 12:33am
all i see is another glorious buying opportunity
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