China biggest driver of oil in 2023...Called by Amrita Sen !
https://www.bloomberg.com/news/videos/2022-12-13/oil-having-massive-year-end-liquidation-event-energy-aspects-sen
So still a supply issues, at the end !
1st, let's reach 80 to 85$ US WTI price for Q1 ! It means on a yearly bases over 600M$ of FCF for Baytex .
At 90$ it's 800M$ FCF, imagine 100$, it's yearly, 1,100M$ of FCF.