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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

TSX:BTE - Post Discussion

Baytex Energy Corp > Strange timer on Opec+ oil increase
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Post by twinjett on Nov 21, 2022 10:30am

Strange timer on Opec+ oil increase

I find it strange on timing of news about Opec+ 500000 bpd increase.Oil was already under extreme duress. and boom this news hits. Remember this increase has not been approved yet. The meeting of Opec+ is early Dec. I think this is more manipulation by the Bidon people. Bidon has said he will refill the spr at 72.00 we are only 3 dollars from that point.
Comment by Franman184 on Nov 21, 2022 10:32am
Whitehouse last week said the MBS should be immunied from any lawsuits over the Khashoggie murder. Thanks Joe. Here is 500,000 barrels a day increase.
Comment by Burgersandfries on Nov 21, 2022 11:11am
I agree with Franman on this and I hate to be the conspiracy guy but this is too bazar. Saudi announces production cuts then Biden says will refill spr at 72 then announces mbs should be untouchable then Saudi announces 500k increase what a world.
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