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Bullboard - Stock Discussion Forum
Suncor Energy Inc.
SU
Primary Symbol:
T.SU
Energy
Oil & Gas Integrated
Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks...
, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. It is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.
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TSX:SU - Post Discussion
Suncor Energy Inc.
> EIA DISTILLATE INVENTORIES ACTUAL -2.76M (FORECAST -0.9M, PR
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pooltec
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Post by
pooltec
on Apr 17, 2024 10:42am
EIA DISTILLATE INVENTORIES ACTUAL -2.76M (FORECAST -0.9M, PR
https://ir.eia.gov/wpsr/wpsrsummary.pdf
EIA CRUDE OIL INVENTORIES ACTUAL 2.735M (FORECAST 1.65M, PREVIOUS 5.841M)
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integrity11
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Comment by
integrity11
on Apr 17, 2024 2:37pm
The EIA fabricates their numbers every week imo in an effort to drive down oil prices. Their two main methods are to use #16 Adjustments and Exports. Last week they used exports and showed exports at 2.7 million BOD. The normal exports are over 4 million BOD. So last week exports were approximately 12 million BOD less than normal, therefore, amounting to Oil Inventories increasing
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