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Bullboard - Stock Discussion Forum Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Energy Oil & Gas E&P
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 > Oil
View:
Post by kavern23 on Oct 04, 2024 1:44pm

Oil

Yangarra probably isnt getting a lift as this oil price rise is purely speculation of Isreal bombing Iran oil facitlies because Biden flubbed the answer.  

If no bombing of iran happens...oil will tank again.

The same fundamentals remain that took oil to 67...OPEC has to put barrels back on the market in Decemeber.
Comment by kavern23 on Oct 04, 2024 1:49pm
Oil being driven to 80-90 range for fall would be brutal for 2025. Sure may be short term trading gains but it would be absolutely awful. China has imported 3% less oil for first 8 months of 2024 compared to 2023 and will be lucky to end 2024 at 100000 barrels of oil growth.   Histroically for most of last decade china was growing 1.2m barrels a day per year. This is a different time.  ...more  
Yangarra Resources Ltd
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