Vermilion Energy Inc T.VET

Oil down??

[RevT79]

Massive draw and oil prices down....
really??
yesterday wti up a dollar and we dint move
today down and we down 3%

[Tommy123]

This post has been removed in accordance with Community Policy

[woodwise]

Tommy123, the only thing ahead of itself is the way your mouth works compared to your brain. LOL

[Oldnagger]

WTI futures are in Backwardation starting with the May contract but spot cargo prices are closing in on the current prices. Much further out the Futures price could be worrying OTOH the weaker futures prices will dampen enthusiasm for drillers to increase production.

[OILGENIE]

yes oil down cause bret reached its max and SP is faking red again bought some  cineplex sgares as well

[yggdrasill]

It's important to remember that in spite of these large draws, crude oil inventories are at their 5 year average for this time of year, gasoline is 1% above, and distillates are 6% above. There's nothing particularly bullish in the inventory levels. It's also important to remember that the market often reflects future prices, and Saudi Arabia just announced it would reverse its

[RevT79]

Sold all my shares and moved into something else!! this is goin nowhere.. ho wait ..... it's goin south actually! why.... because they can move it where ever they want! glta 

[woodwise]

LOL