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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 > U.S. Oil Stocks Down 50.3% Over Year
View:
Post by geezer21 on Nov 04, 2021 8:05pm

U.S. Oil Stocks Down 50.3% Over Year

  • Stocks (million barrels)

Stock price graphs
  Stocks Change from last
  10/29/21 Week Year
Click to chart this seriesCrude oil 434.1 3.3 up -50.3 down
Click to chart this seriesGasoline 214.3 -1.5 down -13.4 down
Click to chart this seriesDistillate 127.1 2.2 up -27.5 down
Click to chart this seriesPropane 76.098 0.432 up -19.730 down
Comment by topdown99 on Nov 04, 2021 8:18pm
Good point geezer but the elephant in the room is the Cushing inventory and that facility is dangerously close to being empty and nonfunctional . Since Cushing is the NYMEX devivery point , it has the potential to spike prices but nobody seems to be acknowledging it .  The market is strong while supply remains stable , all supportive of price . Oil is presently back up to $80 WTI , I wouldn& ...more  
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