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

Alternate Symbol(s):  CRLFF

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) > Investors shorting oil are walking into bear-trap:BofA.
View:
Post by spurwing2 on Sep 24, 2024 9:57am

Investors shorting oil are walking into bear-trap:BofA.

https://finance.yahoo.com/news/investors-shorting-oil-walking-bear-032748908.html
Comment by Quintessential1 on Sep 24, 2024 10:33am
"Further policy easing from the Federal Reserve with lower interest rates could also help boost the world economy "quite substantially over the coming quarters," the strategists said. They expect the Fed to drive rates below 3% by the end of next year, which they say could stimulate both oil and cyclical commodity demand, they said." GLTA
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