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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Vermilion Energy Inc > What happens if there is a deal with Iran?

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Post by mnztr on Jan 03, 2022 4:17pm

What happens if there is a deal with Iran?

I think that is about 1.4M bbls/day added. Plus Venezuela is getting help and increasing its production

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Comment by Konaboy on Jan 03, 2022 5:17pm

The Iran embargo is not really working, China is buying lots of Iran's oil (likely at discounted black market prices), and they are also serving neighbours like Afghanistan. US could go in and (ahem) fix Venezuela if it wanted/needed to. Interesting conundrum, tho, given Joe would rather see an oversupply. So he might turn a blind eye. He has not already shown he ...more

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