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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 > Oil and copper price
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Post by 1234bmth on Oct 18, 2023 9:03am

Oil and copper price

It is interesting how oil and copper prices dropped compared to overnight as we get closer to North American market. Oil lost $2 of its gain in a about an hour.
Comment by pgspet on Oct 18, 2023 9:29am
Lower with  API draw to 4.38million barrel,imagine where we'd be if we were 2 weeks of increased supply .Smells fishy.
Comment by masfortuna on Oct 18, 2023 10:06am
 You keep repeating the same thing. If you think you can take advantage of that pattern then go for it.  I too noticed that at about 08:30 am, the price of oil starts to drop almost on a daily basis. So what exactly happens at that time of day? Hmm...oh yes, the American markets open.