Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

Alternate Symbol(s): CVE | CVE.WS | T.CVE.WT | T.CVE.PR.A | CNVEF | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore.... see more

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TSX:CVE - Post Discussion

Cenovus Energy Inc > Here's how you probably can guess when OIL will make

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Post by RagingBull3 on Apr 04, 2022 12:22pm

Here's how you probably can guess when OIL will make

a huge move...... You wait for a Chinese Entity to place a huge bet.... Then most likely the oil price will be manipulated against that bet. Just guessing.

When Oil went NEGATIVE.... I'm guessing some Chinese Entity was on the short end of the stick.

All just my opinion/view/thinking/guessing.

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Comment by tweezer1957 on Apr 04, 2022 5:27pm

oil went negative because at the end of the day you actually bought oil at a fixed price. The paper traders learned the hard way that you needed a place to store the stuff.

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