Bullboard - Stock Discussion Forum Petrotal Corp T.TAL

Alternate Symbol(s): PTALF

Energy Oil & Gas E&P

PetroTal Corp. is an oil and gas development and production company focused on the development of oil assets in Peru. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. Its flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing... see more

Add To Watchlist

TSX:TAL - Post Discussion

Petrotal Corp > China QE Launched

View:

Post by geezer21 on Dec 08, 2022 11:32pm

China QE Launched

China has just launched QE.

With China lauching QE and relaxing COVID restrictions that will lift demand that has been weighing down on the price of oil. China is the largest importer of oil.

With China increasing consumption and building reserves will create a global supply deficit.

https://www.zerohedge.com/markets/china-quietly-launches-qe-beijing-orders-large-insurers-buy-bonds-contain-selling-panic

157