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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

TSX:VRN - Post Discussion

Veren Inc > Russia Has Lost Over 90% Of Its European Oil Market Share
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Post by smallcaptdr on Nov 21, 2022 7:27pm

Russia Has Lost Over 90% Of Its European Oil Market Share

We just had a news release on China cutting down on Oil delivery in Dec and European Refineries claiming that they have too much Oil and now Russia losing 90% on Oil sales all these are extremely bearish for Oil. Maybe tonight Overseas will start another rumor driving Oil higher this time, Oil has been beaten up over a week of selling and has a way to go to recover back to $88, and I'm guessing $83 might be reachable for trading tomorrow. Today opened investors' eyes to the volatility in the Oil market and to some were shocked but this BB had eyes on the possibility of hitting $75. and if everything stayed status-quo Oil could test $65 at years end and today hitting $75 backed my prediction that since June I've called for $75 Oil and I have gotten a lot of hatred towards me for working against pumpers but I was just being honest. The games they play, but tomorrow is going to be better! That's what keeps us going and hopefully, Oil will firm up and Wed Oil rallies on the back of any bullish US Data being released but I have to keep my guard up and lots of dry powder if Oil sells off be a buyer. If Oil hits $83 that could signal the start of a new trend and recovery. It will be great to see Oil trading higher tomorrow because we are overdue for a green day.

Optimism, Pessimism, and realism


Russia Has Lost Over 90% Of Its European Oil Market Share | OilPrice.com
Comment by woodsmen on Nov 22, 2022 12:04am
Nothing but a lying Hornswoggle!!!  You are a Loser, Goof, F@cktard!!!
Veren Inc
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