Bullboard - Stock Discussion Forum Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The... see more

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TSX:VET - Post Discussion

Vermilion Energy Inc > oil down, CNQ Down, everything down in oil

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Post by JoeDev on Aug 18, 2021 4:32pm

oil down, CNQ Down, everything down in oil

What's going on today is oil price drop reaction. Below 65. First time since May. Just hope oil can hold up.

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Comment by stockmarket1 on Aug 18, 2021 4:42pm

https://m.economictimes.com/markets/commodities/news/crude-oil-prices-fall-as-us-gasoline-stocks-rise-for-a-fifth-week/articleshow/82423271.cms

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Comment by Oldnagger on Aug 18, 2021 10:08pm

Gasoline stocks in terms of forward days of supply have tumbled from 25 to 24 over the last 5 weeks !! It is utterly amazing the volume of uninformed opinions out there. Refiners always strive with their computer models to meet demand going forward. Right now they would probably like to increase both gasoline and distillate inventories to cover lost production during fall shutdowns plus ...more

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Comment by PipelessPauper on Aug 18, 2021 5:20pm

More fake BS just like govts are counting on us believing what we see is REAL! It’s not... from a post I made on IV: ” Fair point... But that’s why there’s published CPI #’s ..... so we don’t have rely on anecdotal “here” experience. Experience varies depending where you go ... fuel is a perfect example. $3 a gal in some states works out to ~ 75 - 80 cents a litre. Factor in forex and ...more

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