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 > Lets see if Oil can settle at $91

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Post by smallcaptdr on Nov 01, 2022 10:03pm

Lets see if Oil can settle at $91

Crude is finally looking bullish even though we are just entering $89 Oil, I'm waiting to see if enough bullish drivers happen how high will Oil go under OPEC cuts, and because US API Crude Stock came in with a massive draw it's giving Oil the push needed breaking the downward trend that it was in at 4pm. Oil is looking bullish so let's see if it can land at $91 or will be stuck under $90 bouncing in the $85+ Today was flat and boring compared to Oil's normal swings and today Oil started high at 9:30 and through the day ended lower until this bullish move has happened. Last Thursday Oil took 4 runs at $90 in a row hitting $89.70 and couldn't do it since then it's traded lower so we'll know tomorrow if it's pushed higher or traded down which is always in the cards.

US API Crude Oil Stock
United States API Crude Oil Stock Change

United States API Crude Oil Stock Change

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Comment by woodsmen on Nov 01, 2022 10:09pm

Hornswoggler what happened to your sky is falling theory and your $75 OIL call? Loser!!

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Comment by Moemoney42 on Nov 01, 2022 11:07pm

Yup he thinks he's fooling everyone with his word salads... we all forgot more than he knows about the O&G industry obviously.. LOL.. sad little fool he is.. LOL..

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Comment by realcdn on Nov 01, 2022 11:34pm

@smalldiktdr you are such a clown. What happened to this statement you made less than 24 hours ago?! I feel that $88 Oil is high and Oil should be at $82 and I see a sell-off coming.. Your daily oil market analysis is totally useless. Why do you try so hard? And do you think anyone is falling for your little thumbs up game? Lol. No one has ever posted any props for your posts and yet ...more

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Comment by alkhor on Nov 02, 2022 10:00am

Lond ago I started putting anyone obviously playing the giving themselves the thumbs up game on ignore. Some may have interesting things to say, but if they play that game I don't care what they post.

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