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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 > February going to see oil deficit ...
View:
Comment by red2000 on Feb 12, 2024 9:30am
Comment by red2000 on Feb 12, 2024 9:33am
Always the same pattern year over year. Now let's see if the fundamentals start to adjust their view properly, with what is coming UP ! Here is the chart in 2021 :
Comment by liljohnnyjoke on Feb 12, 2024 10:33am
this seems to change on a daily basis, if the hedge funds are pushing oil up there is a severe oil deficit, when they switch to shorting oil there is suddenly overnight a world glut of oil over supply