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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

TSX:VET - Post Discussion

Vermilion Energy Inc > oil breaking out .. (post on IV)
View:
Post by whoLuLu on Feb 21, 2022 5:39pm

oil breaking out .. (post on IV)

Crude technical breakout

  
 
This isn’t going to surprise anyone given the news but oil has broken to the upside at an important time. We would have revisited the 80s if not lower but for the developments of the Dobass region. 
Still downward pressure risk due to the imminent signing of the JCPOA but that will probably be overshadowed by the Eastern European conundrum. If in the small chance that the JCPOA revival is derailed, even temporarily, then we would have more fuel added to the crude fire.
Comment by mnztr on Feb 21, 2022 7:24pm
Question is, are euroopeans gonna sanction themseleves over this? If they take Russian energy out of their economies, they will not only screw themselves, but Ukraine as well. But it WILL drive gas prices in Europe far far higher. 
Vermilion Energy Inc
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