Veren Inc T.VRN

Oil opens flat overseas @ $79

[smallcaptdr]

Oil never gapped up so If this is the way Oil will be trading for the next 3 days in the US then Oil stocks are going to have to correct because share prices have stayed higher than normal because of the false confidence given to investors thinking that there was support from OPEC cuts in keeping Oil in the $85+ range well we were dealt a hand of reality watching Oil hit $77 indicating that OPEC cuts have become ineffective due to the headwinds of weakening demand. Overseas had a chance to open Oil higher if they feared that the sell-off was too deep, but they didn't and it was Overseas who sold Oil off before the closing of their markets Friday morning so judging by this 2-minute window watching Overseas open I feel that we could be testing $75 this week but we all know that tomorrows Oil price will be anywhere other than where it's at now and it's at $79

Crude oil - 2022 Data - 1983-2021 Historical - 2023 Forecast - Price - Quote - Chart (tradingeconomics.com)

[Diligent2]

Lets see : Opec+ cut 2m(really matched spr, about 1m) : Hardly any affect, everyone is flooding market before dec.5. Let us let oil fall to 45: Good plan : NO Lets encourage OPec+ to cut another temporary 2m to balance the market at 85-90.  After the dust settles we will be at 100 for the forseeable future Paper market oil 45, real inventories 90-100 I am a buyer

[Moemoney42]

I'm gonna pee my self with laughter if once the new rules that come into effect erases 3800 of your fake likes smallcrapper.. LOL.. THAT would be poetic justice.. ;-)

[Doodlebug]

Never going to happen Moe , l saw a post earlier to you by Doc , now removed and he is it appears expelled as all his posts are  removed. You can refrain from you PEE  as SH as proven by prior history might remove genuine members , but not favourites. Ask yourself why when they had a multiple account rule they removed it , l think about a year or more ago .Before my time but that should

[SusanBolland]

  Please use private messages if your not going to post about CPG...  Thanks

[Jtpatrol1]

[MarieY]

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