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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 > The Odds of $100 Oil Are Rising
View:
Post by Tradinghands on Apr 07, 2024 1:49pm

The Odds of $100 Oil Are Rising

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
Comment by robert41 on Apr 07, 2024 2:39pm
wouldnt saudis just turn the taps on? unless its sustainable i doubt they want it at $100... personally i think $85 ish long term is good, oil companies will crush it so will investors. big jumps in oil prices are uaually not sustainable supply comes from somewhere and we get the inevitable crash.
Comment by Marty47 on Apr 07, 2024 2:44pm
Look at the past when oil get close to 100$ 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$ ......& ...more  
Comment by Zipolitemexico on Apr 07, 2024 7:03pm
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...
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