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

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TSX:GXE - Post Discussion

Gear Energy Ltd > MS see Oil at 110 bucks !!

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Post by JTDOUBLE on Dec 14, 2022 2:11pm

MS see Oil at 110 bucks !!

Hi, here is something I thought you might find interesting: - https://ca.investing.com/news/commodities-news/morgan-stanley-sees-brent-crude-oil-back-at-around-110bbl-by-mid2023-2856460

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Comment by Roscoe747 on Dec 14, 2022 2:38pm

If you are interested in future oil pricing, the experise of professional evaluators rather than the vested interests of traders will be more helpful but still speculative. Without access to computing horsepower and professional analysis, retail investors have 0 chance of knowing the facts as they happen, never mind predictive. When retail finds out, any data is already well in the rear view ...more

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Comment by Roscoe747 on Dec 14, 2022 3:26pm

US refined products inventory climb is misleading because it relates to year end tax provisions, not demand. China demand is rising. Oil prices coming out of contango. Singapore crack spreads indicate movement. Russian supply is starting to fall from lack of technical support and sanctions.

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Comment by JTDOUBLE on Dec 14, 2022 6:49pm

China should comes out on lockdown here they bought some pfe covid drug today sold out in half an hour .. With China import of oil of 12.8 millions barrels daily , once they out of the lockdown, it will ne something to watch where they can get this oil with opec not able to produce its own quota .

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Comment by geezer21 on Dec 14, 2022 10:46pm

"...it will ne something to watch where they can get this oil with opec not able to produce its own quota ." China (India also) are getting more oil from Gulf states and Russia at the expense ruduction in supplies to the west. China and India are getting more than their on-going needs to also build up their reserves. China is securing priority to oil by entering into long term ...more

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Comment by geezer21 on Dec 15, 2022 5:28am

Correcting a typo: "...it will ne something to watch where they can get this oil with opec not able to produce its own quota ." China (India also) are getting more oil from Gulf states and Russia at the expense of a reduction in supplies to the west. China and India are getting more than their on-going needs to also build up their reserves. China is securing priority to ...more

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