Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

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

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TSX:ATH - Post Discussion

Athabasca Oil Corp > Oil at the low $75..00

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Post by BLACKJACK86 on Nov 16, 2023 9:16am

Oil at the low $75..00

we need to rebound here

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Comment by OGInvest0r on Nov 16, 2023 9:20am

I am just shocked actually how things have gone this month. It's hard to invest in a commodity stock when even the experts like Nuttall have 0 idea where things are going. The will and the intent of the Saudis means nothing clearly. The short sellers are the ones who control the trades. And they are having a blast.

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Comment by Cobalt on Nov 16, 2023 11:38am

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Comment by Paraelcielo on Nov 16, 2023 9:52am

https://oilprice.com/Energy/Heating-Oil/Unwarranted-Demand-Pessimism-Could-Lead-To-Big-Oil-Price-Rally.html Crossing my fingers

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Comment by Chrisinvan7 on Nov 16, 2023 10:30am

I'd also point out that crude and product supply both remain below 5 year averages in the US and a weakening USD will increase demand outside the US. Look for a big swing to the upside as refinery maintenance ends and exports surge. https://finance.yahoo.com/news/more-oil-supertankers-ever-headed-041708994.html

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Athabasca Oil Corp