Baytex Energy Corp T.BTE

Oil trading above $95, all oil stocks down

[Wildfury]

Nothing makes sense in the oil patch, trading at $95 and all stocks are down?

[BayStreetWolfTO]

Wildfury, my thoughts are the Russia issue is a distraction to the true story. While geopolitics are often short-term....this takes attention away from the true issue with oil prices which is supply demand. My hope is this goes on for another 2-4 weeks...getting us closer to spring (without people talking about the supply side)....this buys us time. People think the price is moving due to the

[Cobalt]

Commodity stocks dont always follow the day to day move with the commodity , some times they even lead up or down sometimes they just dont believe the commodity will stay up.