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 > Today’s oil manipulation…..last attempt before EIA report

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Post by Paray99 on Apr 19, 2022 11:26am

Today’s oil manipulation…..last attempt before EIA report

US markets trying to pull down the oil price... now their only reason is China lockdown.... What a stupid world it is.... Now there are more issues, including Lybya oil field closure, and markets trying to bring up China lockdown to cancel the effects.... Pure joke. Oil price will go up big time in my opinion.

Let us see how the US inventory reports come out tomorrow. It should be in the negative side, but could have a manipulated figure....
Now I can see BTE marching to $7 in a week or two.

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Comment by DaveInvestor59 on Apr 19, 2022 11:37am

I don't trust any reports that come out of the US. They are very good at manipulating anything to work in tandem with their goals. It's ridiculous the big swings in WTI from one day to the next. Nothing remains stable these days, so it makes for a hugely volatile market.

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