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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 production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Bullboard Posts
Post by bestioleon Dec 23, 2014 10:45am
270 Views
Post# 23259391

Oil Prices Rally on China Data

Oil Prices Rally on China Data

Crude oil prices edged slightly higher on Tuesday amid some signs of stronger demand from China, one of the world’s largest consumers of oil.


“Apparent oil demand in China has continued its run higher over the course of November,” they said.Adding up apparent demand figures for the main refined products, China showed a year-on-year increase in consumption of 717,000 barrels of crude oil a day, according to analysts at JBC Energy.


https://www.wsj.com/articles/oil-prices-rally-on-china-data-1419332393

Bullboard Posts