Baytex Energy Corp T.BTE

Falling Oil Stocks

[jleer42]

Jeff Currie speaking abou the physical stocks of oild dropping world wide due to the current interest rate level and fear of recession. Speaks to floating stocks, such as Iran, that many people don't consider. 

https://www.cnbc.com/video/2023/06/01/oil-will-once-again-be-profitable-when-market-destocking-runs-out-says-goldman-sachs-jeff-currie.html 

There was a reference to Amrita Sen as well, who earlier today spoke about the same thing.

https://twitter.com/SquawkCNBC/status/1664250202411220993

[raven16]

Jleer42,They Can Change The Narrative As Much As They Want And By The Way I Respect Both Of Their Opinions But In The End It's All About The Fundamentals Narrative And So I Drowned Out The. Noises, Like For Example Certain Media Not Invited,Like Russia And Opec Breaking Up, Tell Me Do You Know Who Owns The Wallstreet Journal? I Know Who Owns It,All This Fud Is Put Out By Media And Bidden

[red2000]

Hi Raven16 ! I agreed with you, but my concern is ... that I am not sure if fundementals datas is well understand (asit was before 2020) or at least a key factor that is still respected by financiial analysts, bankers, and lender to evaluate properly a cie trading in the stock market. Only my O !

[raven16]

Red,The World Has Changed And The Manipulation Is Like The Phoenix Rising In The StockMarket Everywhere,I See It In The Tech Which I'm Also In,I See That The Hedge Funds Have Dirtied Their Hands In Oil Now But When The Time Comes And It Will Oil Fundamentals Will Kick In Weather It's A shortage Or Numerous Other Reasons Then Yes Fundamentals Will Prevail, I'm Not Sure How Long Bidden