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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 > API #s out ..bad/good news story..
View:
Post by downwithdotcom1 on Feb 13, 2024 4:58pm

API #s out ..bad/good news story..

BAD NEWS: crude oil inventories in the United States rose this week by 8.52 million barrels.

GOOD NEWS:Gasoline inventories saw a significant drawdown this week, falling by 7.23 million barrels.

Distillate inventories also fell this week, by 4.016 million barrels.

Comment by SmokeyOB on Feb 13, 2024 6:48pm
Does that oil number include Cushing? So if turnaround was was complete and refineries were operating there may have been a 3.5 million barrel draw.  I smell green tomorrow after the EIA report clarifies these estimates.  IMO
Veren Inc
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