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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) > Big API draw .
View:
Post by divime1 on Sep 04, 2024 5:05pm

Big API draw .

Crude -7.4MM, Exp. -1.0MM
Gasoline -0.3MM
istillates -0.4MM
Cushing -0.8MM
Comment by VeritasVern on Sep 05, 2024 10:27am
Crude inventories decline by -7.4 Mb and means little in todays world as appartently US consumption is decreasing according to the news articles. Why bother reporting it if means little to nothing? This will continue until the election is over a the least. Get it?
Comment by Quintessential1 on Sep 05, 2024 11:01am
Well the API report means little without EIA confirmation which BTW their 10;30 am report is late. GLTY and all
Comment by Quintessential1 on Sep 05, 2024 11:03am
Okay EIA confirmation in.  Lets see what happens now. U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 6.9 million barrels from the previous week. At 418.3 million barrels, U.S. crude oil inventories are about 5% below the five year average for this time of year. Total motor gasoline inventories increased by 0.8 million barrels from last ...more  
Cardinal Energy Ltd (Alberta)
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