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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 > API 11M crude build
View:
Post by jleer42 on Oct 08, 2024 6:18pm

API 11M crude build

Let the conspiracy theories begin.

Crude +10.9 million (exp. +1.95 million)
Gasoline -557,000
Distillates -2.59 million 
Cushing +1.359 million 
SPR +0.3
Wow, what
Comment by Offgridtrader on Oct 08, 2024 7:02pm
Everyone knows wells shut in from massive hurricane's produce the most amount of oil...  Kidding of course. 
Comment by Re1ndeer2 on Oct 09, 2024 1:41pm
API Bogus...U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve)  increased by 5.8 million barrels from the previous week. At 422.7 million barrels, U.S. crude oil  inventories are about 4% below the five year average for this time of year. Total motor gasoline  inventories decreased by 6.3 million barrels from last week and are about 4 ...more  
Comment by Frank007 on Oct 08, 2024 7:02pm
Should be a great day to trade bte tomorrow....!
Comment by uwebb429 on Oct 08, 2024 10:36pm
The US election is only 4 weeks away. The random and inaccurate weekly API data can be fixed up when the monthly data comes out. After previous elections, the price of oil starts heading back up. Just a coincidence. Get ready for a Santa Claus rally before the end of the year.
Comment by IainCaimbeul on Oct 08, 2024 11:03pm
So now Santa Claus ( just maybe the best analyst so far) is being quoted as an authority figure in addition to the usual horse manure builds/ draws. Anybody and I mean anybody who would pay any attention to the ramblings of this board should pour themselves a large whisky or huff a big dubbie. I have listened for a couple of years to folks who over analysed this stock and the world in general ...more  
Comment by Frank007 on Oct 08, 2024 11:29pm
Lol...trade trade trade ...this is such an easy buck ...y wait for the top when daily ...an easy thou is there for the plucking ...