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Bullboard - Stock Discussion Forum 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... see more

TSX:SU - Post Discussion

Suncor Energy Inc. > Did you hear this?
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Post by Experienced on Jun 13, 2024 8:31pm

Did you hear this?

Today Saudi Arabia announced that it was ending its 80 year deal to price its oil in US dollars alone....welcome to another step in the dismantling of the US Empire....
Comment by Marty47 on Jun 13, 2024 9:22pm
Yea people start to get tired of USA manipulation , the BRICS is comming , before Putin was sanctioned 70% of Russia transaction were in usa $$$ after USA sanctions its now 20% , other countries are not fool . 
Comment by Experienced on Jun 13, 2024 10:04pm
Yeah Marty This announcement is actually bigger than most people think and surprisingly, it has gotten very little press.  Interestingly, Saudi Arabia chose to announce this while the "big guys" AKA the G7 are meeting in Italy.  The really big thing IMO is the fact that one of the key underpinnings for the US Dollar being the world's reserve currency was that oil was ...more  
Comment by Experienced on Jun 13, 2024 10:42pm
Further to my previous post, I found this video which explains what I am referring to and explains it all in very simple terms - definately worth the time to listen to it IMO (15 minutes of your time https://www.youtube.com/watch?v=yolCkHT1S_o
Comment by bttmfischer on Jun 14, 2024 4:41pm
Agree,now we wait for the other shoe to drop.
Comment by mrbb on Jun 13, 2024 11:10pm
yes, about a month ago, before most journalists and analysts TSX:SU Forum Post | mrbb-36055763 | RE:OPEC meeting | Suncor Energy Inc. (stockhouse.com)
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