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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 > Crude Inventory:
View:
Post by spurwing2 on Jun 20, 2024 11:22am

Crude Inventory:

https://www.fxstreet.com/economic-calendar/event/8d7aa189-8c90-45a1-a5ee-82d480271b8f
Comment by kegman on Jun 20, 2024 11:28am
THank you for the link
Comment by Eoj123 on Jun 20, 2024 12:09pm
“Given the seasonal uptick in oil demand, refinery runs, and ongoing weather risks, and as OPEC and its allies extend production cuts through 3Q24, oil balances should tighten and inventories should begin to draw during the summer months,” analysts led by Natasha Kaneva, head of the global commodities strategy team at JPMorgan, told clients in a research note Thursday. JPMorgan forecasts Brent ...more  
Comment by downwithdotcom1 on Jun 20, 2024 12:23pm
sell on the news i guess....pretty posative inventory report, with draws across the board, major uptick in geo-political concerns and alot of the oil stocks that were moving higher are now at the lows of the day... Still, BRENT is over $85, WTI s over $81 and WCS is over $65 with a CDN dollar below 73 cents...WHAT GIVES??? the market is trading like WTI is closer to $70..thoughts?? dwdc PS. ...more