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Bullboard - Stock Discussion Forum Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Energy Oil & Gas E&P
Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil... see more

TSX:GXE - Post Discussion

Gear Energy Ltd > Oil will run back up !!
View:
Post by JTDOUBLE on Dec 13, 2022 12:19am

Oil will run back up !!

No doubts here , this is an opportunity to load up more here ..

Ignore the noise follow the supply and demand metrics ..  oil fundamentals still very good here .. we shoukd get back to 80-90 range given time!!
Comment by geezer21 on Dec 13, 2022 5:50am
The final Russian oil loaded prior to 5 December will take serveral weeks to work it way through the system to be consummed. Oil flows from Russia and increased Gulf State oil after 5 December are being redirected to Asia to fuel China, India and other states.  China has relaxed COVID restriction, institute quantative easing and other polices to stimulate economic growth.  India's ...more  
Comment by Kadiddelhopper on Dec 13, 2022 8:48am
geezer.... Completeing that tail ending, do you speculate the weighing will be negative or positive for WTI and Brent ? Just trying to guage the weight of these sanctions and their effect, .....if any.   Thanks. R 
Gear Energy Ltd