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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Energy Oil & Gas E&P
Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil and natural gas in the provinces of Alberta, British Columbia and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Why is oil down this AM
View:
Post by VeritasVern on Mar 20, 2024 9:35am

Why is oil down this AM

Anyone know, API was bullish yesterday?
Comment by Kpitreal on Mar 20, 2024 12:41pm
Fed meeting on rates is this afternoon. A pause day after a good run. FCF of the Canadian producers should start to get more news as we exit Q1
Comment by VeritasVern on Mar 20, 2024 1:35pm
Isn't that a lame excuse if not grasping for straws to explain some manipulation. More importanly, both the API and the EIA reports were bullish yesterday and today. At worst the price of oil should have risen somewhat or stayed flat pending the mostly irrelevant Fed announcement. 
Cardinal Energy Ltd (Alberta)
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