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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > OPEC + will not be deepening cuts!
View:
Post by DukesMtl on Nov 23, 2023 2:56pm

OPEC + will not be deepening cuts!

It's already been announced that many OPEC members have been delinquent with adhering to existing cuts so how would that pivot into deeper cuts?

Do your homework regarding the reason for the OPEC meeting delay.

An extension of current cuts will be announced with the POSSIBILITY for deeper cuts to be revisited at the NEXT meeting.

Oil will tank and drag down energy stocks along with!
Comment by OGInvest0r on Nov 23, 2023 3:25pm
Fake news. Loads of disinformation from shorts desperate to get some money back this year after 60 percent gains. Even if oil tanks the WCS will tighten and the loonie will buffer things as well. We are in a solid position for 2024. Top pick! 
Comment by dandu1924 on Nov 23, 2023 3:40pm
DO YOU have the link about this  announce ?
Comment by dandu1924 on Nov 23, 2023 3:57pm
SO, no link = no proof = no credibility. Ignore case to put on your list ( this  Dmtl ).
Comment by Jimmy1page on Nov 23, 2023 3:44pm
It's Africa, they're no body.  I think Opec will agree to let them produce more while Saudi and Russia agree to cuts. Anything that hurts the US.