Baytex Energy Corp T.BTE

the conflict in europe right now

[gimmycash2]

will keep oil prices pumping ,anyone who thinks otherwise is nuts.

[1234bmth]

First of all the possibility of war is extremely low, secondly even if a war starts which I hope not regardless of oil supply shortage there will be a huge sell off in the stock market including oil stocks, in that case people keep cash. I would never invest in something due to a war or conflict. Investment in oil stocks  should be based on demand and supply in the normal world situation and

[gimmycash2]

im here since a buck and change ,im not saying that i bought here in hopes of a war,jesus man,all im saying is that    its a huge tailwind for oil right now in these tanking markets.,oil demand by the way is set to peek in 2030.so lots of good times ahead.but thanks for your help.

[1234bmth]

That means we both agreed in long bull oil market, I didn't mean you invested in the hope of war, all I mean is a conflict will not help stock market at all, in fact it will have negative impact on all industries.

[jleer42]

It really depends on what happens. One possible scenario is: Russia invades Ukraine Europe and other Nato countries immediately implement sanctions Russia responds by cutting off European O&G Brent goes through the roof driving up WTI and WCS

[Tommy007]

That may not include Oil stocks which are heavily depending on price of oil. Even it matters, the impact would be minimal comparing to other sectors of stock market.

[Cobalt]

BS war has always been good for markets S&P went on a 100% run prety much the day Iraq war started

[Cobalt]

 Vietnam war 56 to 58, 42%  , 56 to 75, 330%

[Cobalt]

38 to 45 , 151%

[1234bmth]

S&P up 100% in one day? What is your source? check how much the stock market was down one or 2 weeks before the war because the war didn't happen suddenly rather it was announced and the impact was priced in the market a week or 2 before, yes, it did start to recover after a crush when they anticipated faster victory.

[Cobalt]

went on a 100% run

[Cobalt]

2.5%, if you go back a month 1/2 a %   /shrug , war is good for markets monthly candle was a perfect reversal candle, is what it is

[Cobalt]

What is more interesting is the S&P was down for 3 years 50% into that monthly reversal candle and the markets went on to new highs 

[Re1ndeer2]

The conflict or invasion will be limited....remember Crimea...It will be the sanctions, and support of sanctions