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Bullboard - Stock Discussion Forum Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on... see more

TSX:YGR - Post Discussion

Yangarra Resources Ltd > inventories
View:
Post by Flush11 on Oct 11, 2023 5:38pm

inventories

I think the inventories are going to blow out every time WTI gets too close to Brent numbers. Imports are high but when exports fall due to low arbitrage opportunities then you will get a build.

Exports are just as important and imports now.

Comment by cfliesser on Oct 12, 2023 12:42am
It's clearly bearish.  But on the other hand we're starting from very low levels. So maybe not so bad. Will see what next month has in store with refinery maintenance season.