Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

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Baytex Energy Corp > Iran, only 1% more oil. one million barrels for day.

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Post by riky144 on Feb 08, 2022 10:23am

Iran, only 1% more oil. one million barrels for day.

talks between the United States and Iran, which could restore the 2015 nuclear deal and possibly allow for greater oil exports from the OPEC member.

The finalization of the agreement could bring more one million barrels per day of Iranian crude to the market, equivalent to 1% of the global supply. Calm down and wait. Let's give the market time to understand that 1% does not change the rise in the price of oil and BTE.

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