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

Add To Watchlist

TSX:BTE - Post Discussion

Baytex Energy Corp > Russian Crude Ban Will Take 2.4 Million Bpd Off The Market

View:

Post by smallcaptdr on Sep 14, 2022 9:07pm

Russian Crude Ban Will Take 2.4 Million Bpd Off The Market

If this happens then Oil will head higher so this info is now out but will traders drive Oil up on this speculation? News articles are 50/50 50% say the recession will kill demand and 50% say that Oil could trade higher off of Russia's wildcard situations. Let's see who wins, Oil has to rise $12 to hit $100 or lose $9 to hit $80. Russia will lose a lot of money if its sales drop.

IEA: Russian Crude Ban Will Take 2.4 Million Bpd Off The Market | OilPrice.com

174

Comment

Comment by JohnnyDoe on Sep 15, 2022 5:53am

so what you're saying is oil may go up but it also may go down. We're lucky here at stockhouse, that level of insight is normally behind pay walls

130

Comment

Comment by Mostawesomest on Sep 15, 2022 9:18am

Another mindless contribution...remember oil could go up and it could go down and it could stay the same...not too sure how we need to go up $12 to hit $100 but down $9 to hit $80...check yo math foo :-)

Comment

Baytex Energy Corp