Bullboard - Stock Discussion Forum Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s): PIFYF

Energy Oil & Gas E&P

Pine Cliff Energy Ltd. is a Canada-based natural gas and crude oil company. The Company is engaged in the acquisition, exploration, development and production of natural gas and oil in the Western Canadian Sedimentary Basin and also conducts various activities jointly with others. The Company's operating areas include Central Assets, Edson Assets and Southern Assets. Its Central Assets include... see more

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TSX:PNE - Post Discussion

Pine Cliff Energy Ltd > More OPEC

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Post by retiredcf on Aug 23, 2022 7:36am

More OPEC

This is why the price of oil reversed and headed upwards mid day yesterday. GLTA

Saudi Oil Minister: Cuts may be needed

Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said “extreme” volatility and lack of liquidity mean the futures market is increasingly disconnected from fundamentals and OPEC+ may be forced to cut production. BNN Bloomberg's Tara Weber reports.

https://www.bnnbloomberg.ca/video/saudi-oil-minister-cuts-may-be-needed~2505880

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