Baytex Energy Corp T.BTE

API

[dandu1924]

still draw  minus 1,923M  and the market does not like it ????

[Kelvin]

Analysts like Rosenberg are saying that despite OPEC+ cuts the oil price has not responded with much higher oil prices leading him to wonder if demand is decelerating rather than accelerating as forecast. But he's not sure yet. So the bet seems to be whether demand is accelersting or deccelerating. Might be bigger economic problems in China than we think. That's why Rosenberg can't

[kegman]

China is taking in ridiculous volume of Putins oil.  US is ignoring as they want oil price lower. You cannot trust anything with Putin or Xi.  We wait for Financials.  Avg in Q2 was just under $81 per barrel I believe

[Kelvin]

Yeah there may be a lot of "ghost barrels" coming into the market that the IEA doesn't see. Saudi cuts and Russia offsets with more production. Who knows? That's why I don't take anybody's projections seriously. Incomplete data set. Unreliable. The only reliable dynamic is that Uncle Sam needs to keep the petrodollar strong. If dollar drips then so do treasuries, yields

[dandu1924]

He cans not trust  the China numbers, this is not new. In facts those numbers from  '' China ''  are caming  from the USA Biden administration like all those fake stuffs. China and Russia are very closed countries and nobody can know what is going on, and suddently the Biden administration knews every thing about Russia and China numbers, this is just BS.

[jack4567]

One good reason the oil price has not responded with much higher oil prices is the fact that OPEC+ has put a damper on future oil price rises with its statement that it may increase supply in the fall if conditions warrant.

[Antonyius]

Super overblown, they only said they could, didn't say they will. The media was spinning it as if OPEC was gonna flood the market which they won't. Especially when the ball is in their court now.