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

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TSX:BTE - Post Discussion

Baytex Energy Corp > China??

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Post by dandu1924 on Aug 15, 2023 8:28pm

China??

The major reason the oil price felt down today was: the China economy does not working good and the oil will be less in demand. WAKE UP, China , is buying the oil from Russia, so where is the problem because China does not want to buy the oil from others countries since 2020, so this is an another fake and twisted information from the Biden administration, probably.

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Comment by Lina_Casa on Aug 15, 2023 10:26pm

I agree with this. Whenever the oil market becomes toppy, we always get news that China is "slowing down." Politicians (playing politics) around the world understand the oil price can be contained with headlines like this. Does anyone believe that information like this from China is all factual. I mean who is going to dispute this, who can prove this information?& ...more

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