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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta... see more

TSX:VRN - Post Discussion

Veren Inc > Oil Will Be Under $100.00 Bucks
View:
Post by Rocket101 on Mar 30, 2022 9:45pm

Oil Will Be Under $100.00 Bucks

It's coming ! I don't buy the bs commodities spike ! 

jmho

Comment by TouchDown12 on Mar 30, 2022 9:57pm
The new Saudi Arabia of the USA (52nd State?) is about to change the narrative around oil again.... https://www.cnbc.com/2022/03/30/biden-planning-to-tap-oil-reserve-to-control-gas-prices.html 
Comment by Moemoney42 on Mar 30, 2022 11:08pm
And with global inventories being near multi decade lows, this feable attempt at satisfying US drivers who still pay one of the lowest gas prices in the world, will fail miserably in the long run.. gov't policies have created this problem.. and its gov't policies that will worsen the issue instead of rectifying it.. we in Canada would love to have gas between $4-5 a gallon.. those folks ...more  
Comment by Diligent2 on Mar 30, 2022 11:16pm
When oil was this high previously, U.S. was buying Opec by the millions. Today they buy little outside of Canada. Therefore most of the money will come back into the  north american economy. Spr drains or producers tone back a bit and absorb the hit . Either way we are going higher until the debts are paid off!!!!
Comment by Moemoney42 on Mar 30, 2022 11:31pm
WTI down currently ~$6 Drawdowns larger than expected reported today.. No break in the Ukraine war End of covid in sight  You can't tell me there isn't huge manipulation in the markets when you have $3,4,5 & even 6 dollar swings in 24 hours on the crude prices.. some serious games being played lately.. good for traders.. but sure makes it hard to play long term strategies when ...more  
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