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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 > Terrorists tried seizing an oil tanker..........
View:
Post by darb on Nov 27, 2023 1:20pm

Terrorists tried seizing an oil tanker..........

........and were captured by a US warship in the Gulf..........and oil drops!

I guess they actually have to sink one to have any impact.
Comment by Anschutz on Nov 27, 2023 2:31pm
Any terrorist would have to be stupid to try and hijack any ship with two US carrier groups, plus many other allied ships on a war footing in the mediteranian.  Oil dropped likely because the market realizes that with all the warships in the area supporting Israel, the likelihood of anything happening to disrupt supply is zero.  Combined with the likeliehood of the Israel/Hamas truce ...more