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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 > Surprise builds across the board?
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Post by Wildfury on Sep 21, 2022 2:00pm

Surprise builds across the board?

Who else believes this BS? Oil down because of surprise inventory builds ,really? Everyone knows that SPR is still draining and yet the media is telling everyone the opposite . Question ,if we know this , OPEC knows this then how can they continue to drive prices down? When will the real demand and supply data takeover all of the lies? On another note , Baytex is up when most are down , makes no sense.
Comment by HighOctane89 on Sep 21, 2022 2:13pm
Its obvious Wildfury , until the gas stations run dry or nat gas gets cut off before this ends . The shorts keep pushing and anyone who "needs" to buy can literally stand back and wait . Until the music stops and someone doesn't have a chair to sit on , it seems there are no consequences to waving a red cape in front of this sleeping bull . Look out when he finally wakes up .
Comment by Moemoney42 on Sep 21, 2022 2:59pm
I view these oil price swings lately nothing but political posturing.. gov'ts want the price to stay low.. at least until after the Nov. mid terms in the US so they no doubt have minions on the trading floor trying to acheive that.. and the notion that Biden is going to allow another 10 millions barrels out of the SPR, in my opinion as to not look too co-ordinated to the mid terms but we all ...more