Baytex Energy Corp T.BTE

CHINA WHAT CHEAP OIL!

[Owlseye1]

Playing covid variant! Just my opinion but what a better way to drive commodities down! Market manipulation.

[GrumpyMonk]

Americans too they want their cheap Oil. Remember when Biden asked OPEC to raise production.... Then suddenly Dubai started fighting Saudi Arabia. So Both these countries wants cheap Oil. They must have lobbied very hard when they saw oil at 79$. So when i hear these bozos talking about 100$ oil. I laugh. wont happen.

[BayStreetWolfTO]

OPEC doesn't care what the US wants...if you truly believe that you are ill-informed. OPEC + has all the control now. Once the COVID media scare is over things turn quickly....the COVID talk is a light switch for a slow news day now....China isn't going to suppress their economy for long...USA is not going to lockdowns...but for now media pushing the agenda and US companies now looking to

[masfortuna]

Why would $100 oil be a deal breaker.  At $60+ the FCF is excellent. Anything above $65 is more than excellent.  The sp is doing what a sp should be doing.  The commidity is trading lower mostly on macro economics.  This is a good buying opportunity and NOT a selling opportunity. I don't think oil will trade below $60 so you can sell now and rebuy if you like OR add.