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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 > EIA Inventory:
View:
Post by spurwing2 on Jul 17, 2024 10:36am

EIA Inventory:

Summary | Data & Chart | Forecast | News & Analysis
US Energy Information Administration
Source:
Frequency: Weekly

The EIA Crude Oil stockpiles report is a weekly measure of the change in the number of barrels in stock of crude oil and its derivates, and it's released by the Energy Information Administration. This report tends to generate large price volatility, as oil prices impact on worldwide economies, affecting the most, commodity related currencies such as the Canadian dollar. Despite it has a limited impact among currencies, this report tends to affect the price of oil itself, and, therefore, had a more notorious impact on WTI crude futures.


    Actual Dev.
Consensus  
 

Last release

Wed Jul 10th, 2024 14:30

 -3.443M -0.07 -3M  

Current release

Wed Jul 17th, 2024 14:30

 -4.87M -- 0.8M
Comment by fishcarrier on Jul 17, 2024 11:17am
I hear ya Spurwing. It never ceases to amaze me why we need an API report one day and then an EIA report the next - every week. I think it must be to shoot oil prices up and down a bit. To help matters along a bit, the EIA is a left wing anti-oil, pro climate change advocate, and they rub shoulders with a pro-oil OPEC reporting different scenarios for oil outlook over and over again. Seems to me ...more  
Veren Inc