Suncor Energy Inc. T.SU

Crack spreads,on an uptrend

[lifeisgood1010]

Just like  WTI,Brent, SCO...the crack spreads are on the rise

July 3rd we were at $42.90CDN now $54.62.they have improved more than $1.25
since this a.m.

Yes these spreads do fluctuate like anything else but they are showing very good strenght.

The only thing in this space that ain't moving much is nat. gas and this is
very good news for Suncor since they don't produce any but do consume a lot.

Once again, staying long.

 

[matt2018]

appreciate the updates on the refinery crack spreads lifeisgood. Would have to think this incredible pricing and the low nat gas costs equalized for the low WTI pricing for and planned turnaround at Syncrude in Q2. Expecting a decent report for Q2 all things considered. If price of Oil holds $80+ and crack spreads even level off from here, Q3 could produce the blowout numbers that gets investors