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Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

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.


TSX:SU - Post by User

Post by MigraineCallon Nov 16, 2022 10:35am
332 Views
Post# 35103196

EIA Inventories Report Massive Draw: 10.64 M bbls

EIA Inventories Report Massive Draw: 10.64 M bbls

EIA reporting a 5.4mln bbl drop in #crudeoil stocks driven by a 1.2 mln/day reduction in net imports. #Gasoline and distillate stocks both rising by more than expected. Production left unch while 4.1mln bbl was added from SPR #OOTT


Crude -5.40MM, Exp. -1.9MM Gasoline +2.207MM Distillate +1.120MM Cushing -1.624MM Production 12.1MM, unch Adding the SPR -4.1MM drain, Crude stocks dropped by almost 10MM


US petroleum inventories fell by 10.640mb w/w to 1,608.865mb last week - EIA #oott

S implied oil demand (product supplied) fell by 180kbpd w/w to 21.087mbpd last week w/w change in kbpd gasoline -269 jet fuel +102 distillate -298 residual fuel oil +67 propane/propylene -262 other oil +481 EIA
#oott


EIA data, week ending 11/12 Crude oil: -5.4M Domestic prod: 12.1MMbpd SPR: -4.1M Cushing: -1.6M Gasoline: +2.2M Impld mogas demand: 8.7MMbpd Distillates: +1.1M Refiner utilz: 92.9% Total exports: 9.89MMbpd
#oil
#OOTT #gasbuddy #eia


EIA Crude: -5.400M Cushing: -1.624M Gasoline: 2.207M Distillates: 1.120M



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