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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 > June 14th FED decision....
View:
Post by smallcaptdr on Jun 09, 2023 12:10pm

June 14th FED decision....

Next week is going to relieve the market of FED uncertainty as the US posts the latest Inflation numbers followed by an Interest Rate decision as of right now the consensus is calling for lower readings but we could be reaching a pause for Rate Hikes which will be positive for markets and even if the FED calls for a .25% increase it could be the last so if the FED even mentions that its time to pause that .25% Hike will be received as positive and I'll put money on China growth making a trend reversal in future readings. I just happened to look at India Vehicle Sales and it's growing keep sucking up Oil... 

In my last post, I said that I would press the kill button for Russia, obviously, I didn't mean people I meant their Oil Infrastructure because lies and deception over transparency should blowback at them and it will, it's so easy to fly a Drone nowadays from any part of the World that fingerprints of the crime are had to pinpoint who sent it, Saudi would even do it as they make cuts but Russia doesn't and then lies that they have and partnerships like that never last and one-day Kaboom goes Russia's Oil Infrastructure.

India's Total Passenger Vehicle Sales
India Total Passenger Vehicles Sales
Comment by tollycraft on Jun 11, 2023 1:01pm
I would'nt count on "if the feds hike the rate another .25% incresae, it will probably be the last"  We were told by the Bank of Canada our last increase, should be the last of the year and they increased it again this week.  I dont trust any government, or bank!!!! GLTA
Comment by Winifred on Jun 12, 2023 5:34pm
This post has been removed in accordance with Community Policy