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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 > Opec in-fighting
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Post by Duster340 on Sep 27, 2024 1:41pm

Opec in-fighting

1 million barrels per day coming online in december. will the saudis flood the market if other opec countries do not cut back on production. it could get ugly folks.
Comment by Marty47 on Sep 27, 2024 4:09pm
Many opec members need 90$ Brent to balance budget , I think nobody is stupid enough to overproduce and get Brent at 60$ it's 30$ under budget , I think they will start to less cocky , they all want to produce more went oil at 90$ but at 60$ they start to cry . 
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