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Bullboard - Stock Discussion Forum PENN WEST PETROLEUM LTD. T.PWT

Energy Oil & Gas E&P
"Penn West Petroleum, based in Calgary, Alberta, is an independent Canadian energy company focused on the exploration and production of oil and natural gas resources in Saskatchewan, Alberta, and British Columbia. At the end of 2015, the company reported proven reserves before royalties of 208 million barrels of oil equivalent. Daily production averaged 86,000 barrels of oil equivalent in 2015,... see more

TSX:PWT - Post Discussion

PENN WEST PETROLEUM LTD. > Speculators Increasingly Bet On OPEC Deal Extension
View:
Post by makedonka on Apr 17, 2017 2:15pm

Speculators Increasingly Bet On OPEC Deal Extension

"OPEC deal extensions look increasingly likely to take place next month.

Speculators are piling on long positions again.

HSBC forecasts massive supply deficits in the years ahead."

https://seekingalpha.com/article/4062805-speculators-increasingly-bet-opec-deal-extension?app=1&isDirectRoadblock=false

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