Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

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

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TSX:VRN - Post Discussion

Veren Inc > What build?

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Post by cpgisdownagain on Jun 22, 2022 7:42pm

What build?

The American Petroleum Institute (API) reported a build this week for crude oil of 5.607 million barrels, while analysts predicted a draw of 1.433 million barrels.

It is the first build over 5 million barrels since mid-February, according to API data.

The build comes as the Department of Energy released 6.8 million barrels from the Strategic Petroleum Reserves in Week Ending June 17.

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Comment by spurwing2 on Jun 22, 2022 8:06pm

So what happens when they have to return those barrels to the SPR?It's all crookery until the sh...t hits the fan when they finally see the real numbers.

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