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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 > Looking ahead to next week
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Post by TheWokeLemming on Jun 08, 2023 12:07am

Looking ahead to next week

There's a good chance the Fed holds interest rates next week.  Many economists such as Jeremy Seigal also believe that the supposed recession is less likely.  The doom and gloomers are numerous but they could well be wrong.  The destocking of inventories is going to run out within weeks. My opinion only.
Comment by uwebb429 on Jun 08, 2023 1:35am
Still lots of doom and gloom. The EIA sees oil averageing less than $80 for the rest of 2023. https://oilprice.com/Energy/Oil-Prices/EIA-Oil-Prices-Will-Not-Rally-Despite-Saudi-Output-Cut.html
Comment by Jimmy1page on Jun 08, 2023 4:52pm
Manipulation