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Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > API report
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Post by senseimike on Feb 24, 2021 10:07am

API report

Interesting how the API reports almost no inventory gains yesterday but the price of oil is rocketing up today.
Comment by 2dream4U on Feb 24, 2021 10:29am
Some days i just admit defeat and give up trying to understand things like this.....
Comment by senseimike on Feb 24, 2021 10:43am
EIA reports -13.8M barrels......... less total petroleum stocks this week. Production is down 1.1M barrels per day and the inventory dropped less than last week. Same net imports. My guess is they have underestimated the drop in inventory.....again. Still we are only a week away from dropping under the 5year moving average. Another month of this and the market will be starting to panic. OPEC will ...more