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Suncor Energy Inc. T.SU

Alternate Symbol(s):  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.


TSX:SU - Post by User

Suncor Energy Inc. > Shorters/Hedge Funds - Bid/ask both $44.75
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Comment by lifeisgood1010on Sep 05, 2023 9:22am
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Post# 35619546

RE:RE:Shorters/Hedge Funds - Bid/ask both $44.75

RE:RE:Shorters/Hedge Funds - Bid/ask both $44.75
Thanks for the news Meritmat.This explain the jump in WTI and Brent

  • Saudi Arabia on Tuesday extended its 1-million-barrels-per-day voluntary oil production cut until the end of the year, according to the state-owned Saudi Press Agency.
  • Riyadh first applied the 1 million-barrels-per-day reduction in July and has since extended it on a monthly basis.
  • The cut adds to 1.66 million barrels per day of other voluntary crude output declines that some members of the Organization of the Petroleum Exporting Countries have put in place until the end of 2024.


Saudi Arabia to extend voluntary cut of 1 million barrels per day until the end of the year (cnbc.com)

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