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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

TSX:BTE - Post Discussion

Baytex Energy Corp > Careful the media headlines...EIA was a net draw (inc. Oil)
View:
Post by BayStreetWolfTO on Jun 15, 2022 10:48am

Careful the media headlines...EIA was a net draw (inc. Oil)

Oil inventory = -5.755M (SPR -7.711, Commercial +1.956)
Total Draw = -5.740M (Crude, SPR, Gas, Dist)

Crude +1.956M 

SPR -7.711M

Gas -0.710M 

Dist +0.725M

Comment by Moemoney42 on Jun 15, 2022 10:53am
Wouldn't be surprised to see WTI close green before the end of the day.. headlines are very misleading..!
Comment by Moemoney42 on Jun 15, 2022 10:56am
would love to see crude stabalize in this area.. that in itself will put a damper on inflatiion.. far more than raising interest rates will do.. 
Comment by BayStreetWolfTO on Jun 15, 2022 10:57am
Media needs to help Biden...you knew it was coming...
Comment by Moemoney42 on Jun 15, 2022 11:03am
Yup doesn't hurt Powells cause either.. hold that price stable here and he can back off on the excessive interest rate increases.. ;-)
Baytex Energy Corp
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