Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

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TSX:BTE - Post Discussion

Baytex Energy Corp > Expect many rounds.

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Post by BayStreetWolfTO on Jun 04, 2021 10:13am

Expect many rounds.

Another data point on Iran and timing. Delays in negotiations certainly help oil prices.

On Friday, oil prices rose after the United States said there would be a sixth round of talks in Vienna regarding the Iranian nuclear deal, and possibly further rounds, which delays the timeline for Irans oil to return legitimately to the market.

We expect there will be a sixth. I think theres just about every expectation that there will be subsequent rounds beyond that, U.S. State Department spokesman Ned Price said on Thursday, quoted byReuters.

Reference https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Poised-For-A-Breakout-As-WTI-Nears-70.html

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