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Bullboard - Stock Discussion Forum 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... see more

TSX:SU - Post Discussion

Suncor Energy Inc. > Why is oil price shooting back up so quickly today?
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Post by liljohnnyjoke on Nov 22, 2023 1:57pm

Why is oil price shooting back up so quickly today?

Has Israel already broken the ceasefire agreement?
Comment by Marty47 on Nov 22, 2023 2:04pm
This post has been removed in accordance with Community Policy
Comment by Experienced on Nov 22, 2023 4:23pm
liljohnny......Geez - you should know the answer that!!! It's just Migraine doing a few buys.....
Comment by MigraineCall on Nov 22, 2023 4:39pm
LOL. I did, but not crude. The paper market for oil is 30x bigger than the physical market. Around US Thanksgiving, volumes are weak, positions are being unwound, and we have the bonus of OPEC meeting uncertainty. Rumours and news moves it violently in a thin market, and so many positions short or long cause wild overreactions which swing so excessively, they put money in your wallets if you ...more  
Comment by Experienced on Nov 23, 2023 9:52am
Migraine....agreed - looks like a short term price inefficiency developing so I bought a small underweight position this morning for a short term swing.
Suncor Energy Inc.
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