Baytex Energy Corp T.BTE

India To STOP BUYING Russian & Venezuelan Crude Oil

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Russia:  AFRAID of NEW SANCTIONS

Venezuela: AFRAID of COMING SANCTIONS IF Donald Trump ELECTED President of the USA

- India is BUYING MORE US crude oil and REALLY LIKES CANADIAN HEAVY OIL (WCS, AWB etc.) BUT WANTS some KIND of DISCOUNT PRICING but Canadian producers will NOT BE TOO ACCOMMODATING

- it is the CHINESE who are FIRST MOVERS in TAKING ADVANTAGE when the TMX pipeline STARTS OPERATING

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- MAYBE the Russians will GO DARK OPERATIONS like the Iranians to AVOID SANCTIONS ? - India is a VERY IMPORTANT CUSTOMER for Russian crude oil {AFTER China}, especially the URALS BLEND z173

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- the INDIANS HAD a GOOD THING GOING when they IMPORTED CHEAP DISCOUNTED Russian crude oil, REFINED IT and then EXPORTED the DIESEL and JET FUEL to Europe MAKING ENORMOUS PROFITS - the INDIANS OWE Russia TENS OF BILLIONS OF US DOLLARS in ACCOUNTS PAYABLES to Russia but CAN'T WIRE the MONEY due to US SANCTIONS and the Indians will NOT PAY in YUANS {a GEOPOLITICAL ENENMY} which the Russians