Baytex Energy Corp T.BTE

The Odds of $100 Oil Are Rising

[Tradinghands]

Sure looks like $100 oil is coming down the turnpike this summer, or should I say "out of BTE pipes"

Are Oil Prices Heading to $100 This Summer as a Global Shortage Takes Hold? - Bloomberg

[robert41]

wouldnt saudis just turn the taps on? unless its sustainable i doubt they want it at $100... personally i think $85 ish long term is good, oil companies will crush it so will investors. big jumps in oil prices are uaually not sustainable supply comes from somewhere and we get the inevitable crash.

[Marty47]

Look at the past when oil get close to 100$ sleepy joe wake up and start to go to work ....they will cut $$$ to Israel and Ukraine if they don't chill out , Joe master puppeteer , the best it's to let him sleepy and keep wti at 89$ max ..... 100$ wti can't stay trust me when election are comming 85$-90$ is the sweet spot after it get too much attention and get bring back to 70$ ......&

[Zipolitemexico]

U.S. crude and Brent entered a “golden cross” last week, which is when the 50-day moving average outpaces the 200-day moving average indicating a strong bull...