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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 > Oil needs to break through $72+
View:
Post by smallcaptdr on Mar 27, 2023 12:30pm

Oil needs to break through $72+

Right now Oil is fighting resistance so even though Oil is up $2 it's hard to say that buying here is a guarantee that Oil will advance further, I'm not saying that it won't happen. Still, for myself, it's a wait-and-see so we're close to a trend reversal but first Oil Traders need to be convinced that Oil will hit $75 and I'm not sure if traders see this happening this week not only because of banking but demand but Oil is heading in the right direction. Kurdistan halts Oil exports exactly as my last post said Oil production losses are possible and here we are for today.


WTI Breaks $70 As Kurdistan Halts Oil Exports | OilPrice.com

Comment by Moemoney42 on Mar 27, 2023 12:40pm
What really "needs to happen" is for you to stop with the hour by hour predictions of the direction of crude with your lame excuses of why it should be where it is... haven't you made a big enough fool of yourself yet, claiming every move in the commodity you predicted... give me a break..!!  Ever wonder why I'm the only one who comments on your BS.. but yet you always have ...more  
Comment by Mrlongpants on Mar 27, 2023 1:50pm
75.55$now what? Can.t time the market. Buy when it goes lower than 10 percent of what you paid for it before.
Comment by Mrlongpants on Mar 27, 2023 1:51pm
75.55$ now what? Can.t time the market. Buy when it goes lower than 10 percent of what you paid for it before.
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