Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

Whitecap Resources Inc. is an oil-weighted growth company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa... see more

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Whitecap Resources Inc > The Iran Factor

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Post by retiredcf on Oct 12, 2023 10:59am

The Iran Factor

Oil markets are not yet pricing in risk of major oil disruption if Iran gets involved: Clay Seigle

Clay Seigle, global oil service director at Rapidan Energy Group, joins BNN Bloomberg to talk about the risks of escalation in the Israel-Gaza conflict and how that could impact the energy market.

https://www.bnnbloomberg.ca/video/oil-markets-are-not-yet-pricing-in-risk-of-major-oil-disruption-if-iran-gets-involved-clay-seigle~2784386

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Comment by Citizen13 on Oct 12, 2023 12:01pm

I've said this before . There is no more geopolitical factor . FFS Russia is murdering infants and women daily and the oil is flowing unimpeded . It's a silly " analyst" myth just to get on BNN and CNBC . And if it does happen it will be extremely temporary. The GDP of most of OPEC is primarily oil and gas . You could nuke the entire Middle East and the oil would flow . The ...more

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Comment by BigJake on Oct 12, 2023 12:28pm

Could not agree more, the premise that Russia would not have markets for it's oil is a complete joke. Will there be shipping premiums and delays, certainly, but that oil will find a home

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