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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 > Negative narrative
View:
Post by Anschutz on Sep 03, 2024 9:15am

Negative narrative

Negative narrative being set. Oil market over supplied. China sputtering. Opec considering raising output. World events having little influence in price.

https://www.bloomberg.com/news/newsletters/2024-09-03/wall-street-s-oil-outlook-for-2025-grows-darker-as-china-falters-opec-ramps-up?sref=866aH6XX
Comment by Moemoney42 on Sep 03, 2024 9:32am
And yet this was  the headline on Aug. 31..!!?? China oil imports from Iran surge to 1.75m bpd: report Economy August 31, 2024 - 13:32   TEHRAN - China’s imports of Iranian oil have reached a record of 1.75m barrels per day (bpd) in August, oiprice.com reported, citing data from Kpler. As reported, the current figure has surpassed the ...more  
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