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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 > 2.7MM crude draw with 1.6MM SPR release
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Post by jleer42 on Apr 18, 2023 5:06pm

2.7MM crude draw with 1.6MM SPR release

Crude -2.675 million (-2.464 mil exp.)
Gasoline -1 mil
Distillates -1.9 mil
Cushing -600,000 
SPR withdrawal 1.6 million
Comment by Swackaboozy on Apr 18, 2023 5:39pm
I thought crude was expected to fall 500k
Comment by jleer42 on Apr 18, 2023 5:53pm
I'm also seeing Cushing reported as a 600k build. Rest of the numbers match. https://in.investing.com/news/us-crude-stockpiles-down-27m-barrels-last-week--api-3604786
Comment by stock_for_gold on Apr 18, 2023 7:56pm
I think your wrong about cushing   Rounding out the inventory losses, inventories at Cushing, Oklahoma, decreased by 600,000 barrels—after falling 1.36 million barrels last week.
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