Baytex Energy Corp T.BTE

Morgan Stanley

[andy604]

Eamonn Sheridan

Sunday, 03/12/2023 | 18:41 GMT-8

• 0

Morgan Stanley expects support for Brent crude oil in the mid $80s.

Analysts at the firm responsd to the OPEC+ agreement. They assess that the output cuts took a long time to negotiate, and while they are still not part of the formal quota, and only limited commitment by members of the cartel is being shown (Angola, for example), even partial compliance should be enough to prevent stockpile builds in Q1 of 2024.

 

 

[dandu1924]

Morgan  are the same  who said the oil will hit $120 TO $150  by the end of  2023. So  soooooo do your own opinion about those predicators.

[Nothingmatters]

You are a

[YupnDump]

oil at $120-150 by end of 2023? so far it looks like BULL FEATHERS..

[Antonyius]

These funds make money by pumping oil saying it'll hit $100+ then they dump all their oil, then they'll say oil crashing to $35 and buy back and rinse and repeat. 

[Duster340]

hahaha eric nutzall is the biggest seller of BTE and all his other oil plays today, after telling BNN viewers just last week that $80 to $90 oil was the range. LMFAO

[Cobalt]

I would guess TVE and BTE are his biggest losers, Tax loss selling to off set his winners?