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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 > WTI crude oil price forecast (yesterday)
View:
Post by smallcaptdr on Jan 19, 2023 9:25pm

WTI crude oil price forecast (yesterday)

 Fitch Solutions, saw the US benchmark averaging at $81/bbl in 2023, falling to $62 in 2024. The agency saw WTI trading at around $50 throughout 2025 and 2026. 

Meanwhile, IEA expected WTI to average at $77.18 in 2023 and $71.57 in 2024, as of 18 January.

TradingEconomics at the time of writing. expected WTI to trade at $83.04 by the end of the first quarter of 2023, rising to $93.31 by January 2024.

As market volatility makes it increasingly difficult to make long-term projections, analysts did not offer oil price forecasts for 2030. 


Fitch Solutions: Data, Research & Analytics for Credit Risk & Strategy
Comment by Moemoney42 on Jan 19, 2023 10:16pm
BLAH  BLAH  BLAH.. THAT'S ALL YOU EVER DO... AND POSTERS HERE ARE SICK OF IT..!
Comment by SmokeyOB on Jan 20, 2023 5:19am
Yes posting your rhetoric on multiple potential oil prices from various research firms is not much different than posting every time the weather forecast changes. I live in northeast Saskatchewan and all the weather is a base to make your decisions from. This is the same as with the oil price.  Nobody knows for sure what exactly is going to happen with the price of oil. There are general ...more  
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